Specialty
Ebola Fears Lead To Tighter Port Ship Entry Procedures
Brazil, Argentina and the United States have tightened port entry procedures for ships that have sailed from West Africa in a bid to control the potential spread of the deadly Ebola virus. Ebola has ...
AIG Launches $1B Rail Catastrophe Policy
American International Group Inc., the largest commercial insurer in the U.S. and Canada, introduced a policy to help railroads handle losses from catastrophic accidents as more crude oil is shipped ...
Willis Gains Swedish OK for $205M investment in Max Matthiessen
Willis Group Holdings plc said it's gotten a pivotal O.K. from Swedish regulatory authorities to complete its acquisition of a 75 percent stake in Max Matthiessen, a personal insurance, health plan ...
Aon Benfield: India, Pakistan Flooding 2014’s Costliest Weather Event So Far
The costliest weather event so far 2014 involved torrential monsoon rains and catastrophic flooding in India and Pakistan in September, Aon Benfield concluded in a new report. The firm's September ...
Cyber Insurance Market Will Surge, Lloyds CEO Predicts
Lloyd's of London Chief Executive Officer Inga Beale expects the market for cyber insurance to surge after hackers attacked some of the largest companies in the U.S., including JPMorgan Chase & ...
Novarica Brings on Insurance IT Vet For Leadership Team
Novarica said it is bringing on an international insurance technology veteran as a principal to the company. Mitch Wein will be joining the firm on Nov. 1, working out of its New York office. He was ...Geithner: AIG’s Collapse Could Have Triggered Global Mass Panic
The failure in 2008 of American International Group Inc., the world's biggest insurer, would have caused "mass panic on a global scale," Timothy Geithner, the head of the Federal Reserve Bank of New ...
Zurich Insurance Group Has New U.K. Non-Life Head
Zurich Insurance Group AG, Switzerland's biggest insurer, named group controller Vibhu Sharma to head of general insurance operations for the U.K. Sharma, 48, will start in April, Louise Zucchi, ...