Industry News
Warren Buffett Gives $2B to Gates Foundation
Warren Buffett, the second-richest person in the U.S., made his largest single charitable contribution with a gift of $2.1 billion to the Bill and Melinda Gates Foundation as he seeks to encourage ...
Iron-Starr Forms Underwriting Alliance With Hamilton Re
Ironshore Inc. has announced the addition of Hamilton Re as a subscribing insurer to the Iron-Starr Excess Agency Ltd. Iron-Starr currently underwrites on behalf of Ironshore Insurance Ltd. and Starr ...
State of Core Solutions Transition: Which Tech Priorities Are Being Carried Out?
Presented by Majesco
You have two watches. Your first watch is analog. It has dials, gears, crystals and movements. It is a machine...
Fed Chair Yellen Worried About Stretched U.S. Equity Valuations
The Federal Reserve on Tuesday voiced concern about stretched valuations in certain corners of the U.S. markets, including small cap, biotechnology and social media stocks, as well as the leveraged ...
AIR Worldwide Ups Cat Modeling Competition With Touchstone 2.0
Eighteen months after AIR Worldwide launched its Touchstone catastrophe modeling platform, the Boston company is rolling out version 2.0. Touchstone 2.0 includes a number of tweaks and advances to ...
S&P: Bond Insurers Ready for Puerto Rico Corporate Debt Crisis
For now, two major bond insurers appear more than able to handle credit deterioration of Puerto Rico's public corporations and new legislation that will let some of the companies restructure their ...
Deadline Approaches for Aspen Shareholders on Endurance Proposals
With the target date for a vote on two governance proposals from Endurance Specialty Holdings approaching later this month, the ball is in the court of the shareholders of Aspen Insurance Holdings. ...
Uber, Lyft, Sidecar Toe-to-Toe With Insurers: State-by-State Analysis
The highly thought-of share-and-share-alike attitude considered a virtue by some has become fighting words between ridesharing companies and the insurance industry. "We try not to make it a battle," ...
Andrew Carrier Jumps from Argo to Everest Re
Bermuda holding company Everest Re Group Ltd. is bringing on Andrew Carrier as the new president of Everest Advisors, U.K. and general manager of European Operations. Carrier was most recently chief ...