Industry News
Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter
Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, ...
Language Police on ‘Laser-Focused’ Lookout for Executive Jargon
Liam McGee has a special way to emphasize his commitment to creating value at the 203-year-old company he runs, Hartford Financial Services Group Inc. "Our team is laser-focused on execution," he ...
Rendez-Vous Recap: Alternative Capital Remains Elephant in the Room
The 57th Reinsurance Rendez-Vous is winding down, and, while it's been another successful networking opportunity for the industry's movers and shakers, most of the discussions have ended on a note of ...Selective Insurance Names Marchioni President, Chief Operating Officer
Selective Insurance Group Inc. has selected John Marchioni as president and chief operating officer. Gregory E. Murphy, who remains chairman and chief executive officer, previously held the president ...
World Bank Insurer Posts Third Record Year on Power Projects
Political risk insurance provided by a World Bank Group agency in developing nations rose for a third straight year to a record, led by guarantees on power projects from Angola to Bangladesh. The ...AIG Said to Opt Against Berkshire Reinsurance After April Exec Departures
American International Group Inc. has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. after Warren Buffett's company started a commercial insurer competing against AIG, ...
Berkshire Hathaway Specialty Insurance Taps Greeley As Claims VP
Berkshire Hathaway Specialty Insurance announced Tuesday that Todd M. Greeley joined the firm as Vice President, Claims, Executive & Professional Lines. Greeley was previously a vice president at ...
Bermuda Braces For Gabrielle But Little Structure Damage Expected
According to catastrophe modeling firm AIR Worldwide, the seventh storm of the Atlantic hurricane season—Tropical Storm Gabrielle— is on a path that could threaten Bermuda on Wednesday, but ...