Industry News
Q1 Return for ‘Independent’ Aspen Nears 15%; Full-Year Target 10%
Aspen Insurance Holdings reported an annualized operating return-on-equity of 14.8 percent for the first quarter on Thursday, also giving double-digit forecasts for future years—targets which its ...
Zurich Gives $3M Grant to Nonprofit Helping with Disaster Recovery
On Wednesday, Zurich Insurance Group announced that its Z Zurich Foundation is giving a $3 million grant to St. Bernard Project (SBP), a nonprofit organization dedicated to helping disaster-impacted ...
Listening to the Market: Insurance Products That Fit Today’s Customer Needs and Demands
Presented by Majesco
The case for innovative insurance products How many cell phones have you owned? Computers? Cars? Appliances? Televisions? Do you still...
W.R. Berkley Excels in Q1 Save for Global Re Numbers
For W.R. Berkley Corp., sobering results from its global reinsurance division were a blemish on an otherwise successful 2014 first quarter, during which the Greenwich, Conn.-based company enjoyed ...
XL Group Opening Re Office in Dubai
XL Group's reinsurance segment is setting up new operations in Dubai, UAE, to serve the MENA market, XL announced Wednesday. The Dubai operation will serve as a regional hub. XL also announced the ...
QBE North America Appoints Gonzalez as Chief Legal Officer
QBE North America announced the appointment of Jose Ramon Gonzalez as its new chief legal officer. Gonzalez will provide expert guidance and oversight of the organization's complex legal, regulatory ...
Marsh Terrorism Risk Report Ups the Pressure on TRIA Renewal
Marsh unveiled a new report warning that the cost of terrorism reinsurance will become "volatile" without the Terrorism Risk Insurance Act. It also emphasizes that the post-9/11 law has helped ...
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Mortgage Insurer MGIC Rallies As U.S. Housing Market Improves
Mortgage insurer MGIC Investment Corp posted its highest quarterly profit since 2007 as fewer homeowners defaulted on their payments in an improving U.S. housing market, sending the company's shares ...