Specialty
It’s an Insurance Buyer’s Market For Now: Willis
Due in part to reduced catastrophe losses and the increased supply of capital, property/casualty insurance buyers can expect to face friendly market conditions on most lines of business for the ...
SCOR, Chubb, Help Drive Q1 Cat Bonds Issued to Record Levels: Aon Benfield
Catastrophe bond limit secured in the 2015 first quarter came in at $1.7 billion, the most of any Q1 yet recorded, Aon Benfield said in its latest status report on insurance-linked securities. Aon ...
Ex-Goldman Dealmaker Becomes Willis Co-CEO of Banking
Willis Group Holdings Plc named Rafal Walkiewicz and Michael Guo co-chief executive officers of the investment-banking operation as the insurance broker seeks business arranging deals and betting on ...
AIG Buys Piece of Cyber Risk-Reduction Firm
American International Group has invested in a global investigative consultancy in a bid to deepen its ability to help clients combat cyber risks. Financial details aren't being disclosed. But AIG is ...
Executives On The Move at CNA, Lloyds, ACE and More
We have new executive appointments to tell you about from CNA, The MEMIC Group, Lloyds, ACE Group and Beazley. *** CNA Financial Group said it named an XL Group veteran as its new executive vice ...
Top D&O Insurer Ranking Shows CNA Moving Up: Fitch Analysis
Although market leaders in the directors and officers liability insurance segment have stayed relatively unchanged in recent years, CNA edged its way into the top five last year, according to a ...
BP Spill Leads to Proposed Risk Reduction Rules For Offshore Oil Wells
The Obama administration proposed tighter rules for the offshore drilling equipment designed to be a last line of defense against oil-well blowouts, five years after the fatal BP Plc spill off ...
Fairfax Financial Will Sell 30% of Brit Plc to Ontario Pension Fund
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit Plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd's of London insurer for ...