Industry News
Allianz, Munich Re’s Ergo Unit Rumored in Talks for Greek Insurer
Allianz SE, Europe's largest insurer, and Munich Re's primary insurance unit Ergo Versicherungsgruppe AG are in talks to buy Agrotiki Insurance from Greece's Piraeus Bank SA, said three people ...
Endurance Reacts to Latest Rejection from Aspen
Characterizing details of an announcement by the board of Aspen Insurance Holdings rejecting another cash-stock offer from Endurance as "combative," Endurance offered its own view of what it termed ...
Ironshore Files IPO
Ironshore Inc., the insurer led by executives who left American International Group Inc. in the financial crisis, filed for a $100 million initial public offering so that its backers can reduce their ...
Donan Launches DamageRecon for Hail Events
Donan, a forensic investigation firm, has expanded its service offerings to include severe weather data analytics with DamageRecon, a Web-based product that enables users to understand what really ...
Marino Joins Ironshore as VP of Corporate Accounts From AIG
Ironshore Inc. has appointed Kelly M. Marino to the new position of vice president of corporate accounts, focusing on the company's relationships with Forbes Global 2000 companies. Marino will be ...
Law Firm Sponsoring NYC ‘Re Under 40s’ Event
Parker Ibrahim & Berg announced Tuesday that it is sponsoring the upcoming "Reinsurance War Stories–Tales From the Trenches" event organized by the U.S. Reinsurance Under 40s Group, Inc. ("Re ...
Aspen Board Urges Shareholders to Reject Latest Endurance Bid
Aspen's board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. ...
Wind Park, Power Grid Investments Causing Solvency II Headaches for EU Insurers
Insurance regulators in Europe won't relax rules designed to protect customers from risks to investments in structures like wind parks and power grids, the head of the industry's watchdog said. ...