Industry News
Swiss Re Eyes South Africa For Commercial Insurance Expansion
A division of Swiss Re has expanded into South Africa with a focus on commercial insurance coverage and services for mid-and large-sized corporate clients. Swiss Re Corporate Solutions' advance into ...
Transitioning from Manager to Leader: Industry Education Announced
The Institutes and the Wisconsin School of Business at the University of Wisconsin-Madison have partnered again this year to offer the 2015 Management Education program—first in May and again in ...
New Report Fuels Battle Over U.S. Tax Changes for Offshore Reinsurers
Insurers opposing a provision to limit U.S. tax deductions for premiums paid to offshore reinsurance affiliates got support last week from a critical report estimating that such a measure would strip ...
FEMA Shows Some Progress Implementing Flood Insurance Changes: GAO
The agency responsible for managing the federal flood insurance program has made progress in carrying out key changes mandated by Congress in two recent laws but lacks resources and data to ...
Chilton Named CEO of A.J. Gallager’s UK Division
Arthur J. Gallagher & Co. announced Friday that Grahame "Chily" Chilton has been named CEO of the company's UK-based international brokerage division, subject to regulatory approval. Chilton will ...
California Commissioner Tells Insurers to Cease Price Optimization
California Insurance Commissioner Dave Jones on Wednesday issued a notice to property/casualty insurers doing business in California advising them that so-called "price optimization" in rate making ...
Train-Delivered Canadian Crude Oil Shipments Will Need More Insurance
The Canadian government is overhauling its safety rules for crude oil shipments by train, creating a disaster fund and forcing railways to carry more insurance. Oil companies will pay into the fund, ...
Reinsurance M&A Will Advance in Earnest: A.M. Best
It is early in 2015 and we've already seen a few major reinsurance M&A deals. Expect that trend to continue in earnest through the year as the market responds to some new realities, A.M. Best ...