Industry News
What Should Carrier Execs, Directors Ask About Terror Risk?
As carrier executives and members of carrier boards work to get more comfortable with the risks their property/casualty insurance enterprises are taking on, one risk they will likely want to ...
As Sharing-Economy Cos. Go Mainstream, Cities, Insurers Grapple With New Issues
A few years ago, renting out a spare room via the lodging website Airbnb bordered on daring. Now, in thousands of cities around the world, it seems almost conventional. But as the founders of the ...
Ebix’s Raina Loses Magic Touch As U.S. Probes Accounting
Robin Raina always had the magic touch, or so it seemed until Wednesday, when the disclosure of a U.S. criminal probe of his software company's accounting practices blew up a proposed $820 million ...
Roberts To Take CFO Spot At Ironshore
Ironshore Inc. announced the appointment of Joe Roberts as chief financial officer on Thursday. Roberts, who most recently was executive vice president and CFO of Alterra Capital Holdings Limited, ...Taranto To Remain Everest Re Chair After Retirement
Everest Re Group, Ltd. announced Thursday today that Joseph Taranto, at the request of the Company's board of directors, has agreed to continue as chairman of the board, following his retirement from ...
ACE Publishes Decade’s Worth Of Large Losses By Industry, Limits Data
ACE Bermuda released its "2013 Liability Limit Benchmarks and Large Loss Profile Report" this week, an annual compilation of some of the largest third-party liability losses occurring over the last ...
West Africa Piracy Surge Costs Global Economy Nearly $1B; Insurance Costs Rise
Pirate attacks off West Africa's mineral-rich Gulf of Guinea have almost doubled from last year and threaten to increase the costs and jeopardize the shipping of commodities from the region. The Gulf ...
Insurers Surveyed Not Confident In Ability To Manage Emerging Risks: Towers Watson
According to a recent survey of 500 global insurance executives conducted by Towers Watson recently, most believe they are ill-prepared to face emerging trends of attracting talent, using advanced ...