Specialty
Obama Administration Unveils New Offshore Oil Well Safety Rules
The Obama administration last Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's ...
Japan Earthquakes Leave Rising Death Toll, Economic Impact in Their Wake
The death toll from earthquakes that struck southern Japan rose to 42 and the economic impact began to reverberate Monday as companies surveyed damage and the potential effects on production from ...
Chubb Ranks Best in D&O Loss Ratio But Still Trails AIG in Premiums
The Chubb Corporation continued to report the best direct loss ratio for U.S. directors and officers liability insurance last year, according to a report released by Fitch Ratings last week. But ...
Death Toll in Massive Ecuador Quake Rises to 233
The death toll from a 7.8-magnitude earthquake in Ecuador has risen to 233, President Rafael Correa said a day after the quake on the South American country's northwest coast, one of the strongest in ...
Executives On The Move at XL Catlin, Hamilton and Ironshore
Hamilton Underwriting hired on a new head of professional indemnity. An Ironshore executive appointment will focus on complex risk exposures involving war and terrorism, and kidnap and ransom, and be ...
Chubb Deal with China Retailer Gives It Access to Massive Online Customer Base
Chubb Ltd. is linking up with one of China's largest and most recognized retailers in a deal that gives it access to and online customer base of as many as 230 million people. Financial details of ...
Second Major Quake Hits Near Japan City of Kumamoto
A magnitude 7.1 earthquake struck southern Japan early on Saturday, just over 24 hours after a quake killed nine people and injured at least 1,000 in the same area. The Saturday quake triggered a ...
Ping An Insurance Grabs $1.6B Stake in Chinese Car Website
Ping An Insurance Group Co., China's second-largest insurer, agreed to buy a 48 percent stake in Chinese car website Autohome Inc. from Telstra Corp. for $1.6 billion, extending a shopping spree by ...