Specialty
Generali Will Reportedly Name Donnet to Replace Greco as CEO
Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who has joined Zurich Insurance Group AG, according to two people ...
Berkshire Hathaway Specialty Insurance Expands to Europe; Lloyd’s Vet to Help Lead
Berkshire Hathaway Specialty Insurance is expanding into Europe, and two men – veteran executives from Lloyd's and Marsh – will lead the effort. Plans call for BHSI to operate in Europe as part ...
U.S. P/C Carrier Employment Begins 2016 in Decline: I.I.I. Report
U.S. P/C carrier employment began January 2016 in decline, according to a new Insurance Information Institute report. Over the last 12 months, job figures average out as essentially flat. Direct P/C ...
Hannover Re Shoots for Stable Premiums, Shareholder Returns in 2016
German reinsurer Hannover Re will focus on boosting earnings rather than premiums this year and may pay out more special dividends to shareholders, Chief Executive Ulrich Wallin said on Thursday. The ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...
AIG Scores a Fitch Ratings Affirmation and Swiss Re Deal
Fitch Ratings gave American International Group a small bit of good news, even as the property/casualty insurance giant struggles to reorganize, respond to profitability declines and deal with ...
U.S. Tornadoes Hit Seven-Year February High: Aon Report
Losses from severe storms and tornadoes that struck much of the U.S. in February could amount to more than $1 billion, including hundreds of millions of dollars of damages that will probably be ...
Apple Ransomware Attack Contained; More Mac Attacks Likely
The first known ransomware attack on Apple Inc.'s Mac computers, which was discovered over the weekend, was downloaded more than 6,000 times before the threat was contained, according to a developer ...