Industry News
PCI Conference Report: Gen Re CEO Say Hedge Funds Come and Go
"Twisted financial theories" and rating agency support are keeping the reinsurance space attractive to third-party investors, a reinsurance executive asserted at an industry conference this week. ...
Hamilton USA Names Koehler President, Middle Market & Programs
Hamilton USA, the New Jersey-based insurance operations of Hamilton Insurance Group, has appointed Rich Koehler as president of middle market and programs. Koehler will report to CEO Conan Ward and ...
A.M. Best Affirms Greenlight Re at A; Upgrades Ireland Unit
A.M. Best announced Thursday that the rating agency has upgraded the financial strength rating (FSR) of Greenlight Reinsurance Ireland, Limited (Ireland) to "A "(excellent) from "A-"(excellent). The ...
WCRI Study Looks at California’s Workers Comp Reforms
When California Senate Bill 863 took effect Jan. 1, 2013, it created several fee schedule changes in the California workers compensation system. The Workers Compensation Research Institute released a ...
Chubb Tells SEC It Has No Direct Ties to ‘Adjusters’ in Syria
Chubb Corp. has distanced itself from insurance adjusters in Sudan and Syria after a U.S. Securities and Exchange Commission inquiry into business in nations blacklisted by the U.S. because of ...
Space Station Supply Rocket Was Insured for $50M
Authorities on Wednesday started investigating what made an unmanned U.S. supply rocket explode in a fireball moments after lifting off from a launch pad in Virginia, destroying supplies and ...
Aon Benfield Study Sees Positive Return Outlook for U.S. HO Insurers
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, has announced the release of its 2014 Homeowners ROE Outlook report, which sees trends emerging that support a ...
QBE NA Appoints Kronenberg, Former XL Environmental CEO, to Board
QBE North America has appointed William Kronenberg III to its board of directors. With nearly 40 years of experience in the insurance industry, Kronenberg is well suited to assist in enhancing QBE's ...