Industry News
Paulson, Bloomberg Backing Study of U.S. Climate Impacts
Former U.S. Treasury Secretary Henry Paulson and New York City Mayor Michael Bloomberg are sponsoring a study of how climate change will affect the United States and what that disruption will cost. ...
ACE Recognized for Leadership in Carbon Emissions Reduction
The ACE Group announced Monday that it has earned recognition for leadership in carbon performance by CDP, the world's only global environmental disclosure system. CDP's annual indexes, compiled by ...
Employers Holdings Appoints Kroner and McSally to Board
Employers Holdings Inc. on Monday announced the appointments of James Kroner and Michael McSally to its board of directors, effective Sept. 26, 2013. Kroner, age 52, was formerly the chief financial ...
Monsanto Acquiring Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million
Monsanto Co., the world's largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. ...Guy Carpenter Targets E&S Carriers with Specialty Practice
Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the launch of its new Excess & Surplus Lines Specialty Practice. ...
Delaying Solvency II Until 2016 Would Harm Insurers: Hulle at FERMA
Further delays to the implementation of Solvency II would compromise the ability of European insurers to deliver protection for their clients in a riskier world, according to a leading insurance ...
Government Shutdown Could Jeopardize Economic Recovery: CEOs
Chief executive officers at companies ranging from Honeywell International Inc. to JetBlue Airways Corp. said that a prolonged shutdown of the U.S. government has the potential to jeopardize the ...
Allianz Global Corporate & Specialty Opens New Branch in Sweden
Allianz Global Corporate & Specialty AG (AGCS) has opened its newest branch in Stockholm, Sweden, further expanding its services within the Nordic Region. Since 2009, AGCS has been active in ...