Specialty
ACE’s Andrade to Run Post-Chubb Merger International Non-Life Business
ACE Ltd., in the final months of concluding its $28.3 billion acquisition of The Chubb Corp., has appointed one of its own to lead the company's combined international non-life insurance operations. ...
NSA Chief Questions Viability of Cyber-Weapons Treaty
Achieving a multinational arms-control treaty governing the use of cyber-weapons may be impossible because groups unaffiliated with governments wouldn't honor it, Admiral Michael Rogers, the director ...
Executives On The Move at OneBeacon, Liberty Mutual, Argo Group and More
We have a number of executive promotions and hires to tell you about at OneBeacon Insurance Group, Liberty Mutual, Hamilton Underwriting Ltd., Argo Group and Erie Indemnity Company: *** A veteran ...
Hamilton Insurance CEO Seeks More Acquisitions; IPO is Likely
Hamilton Insurance Group Ltd., the company backed by hedge fund firm Two Sigma, is seeking more takeovers as Chief Executive Officer Brian Duperreault builds a business that he expects to take ...
Fitch: Medical Professional Liability Insurance Continues Downward Slide
Medical professional liability insurance for the U.S. property/casualty industry continued its years-long decline in 2014 in terms of net written premium volume, hammered by everything from worsening ...
Sub-Saharan Africa Drawing Growing Insurer/Reinsurer Interest Despite Uncertainties: A.M. Best
Sub-Saharan Africa continues to attract interest from insurers and reinsurers despite uncertainty about whether regional countries there can sustain robust levels of growth, A.M. Best concluded in a ...
Opinion: Putting a Price Tag on Volkswagen’s Emission-Fraud Liability
An $18 billion liability figure attached itself last Friday to Volkswagen's diesel disaster. This morning comes news that the German car maker has set aside $7.3 billion (€6.5 billion) to cover a ...
ACE Buys 24% Stake in Tech Outfit Developing Online Commercial Insurance Platform
CoverHound has raised $33.3 million in a financing round led by ACE Group, which the company plans to use to build an online commercial insurance platform starting with businessowners policy ...