International
A Soft Reinsurance Market May Be Hitting Bottom: A.M. Best
Some observers believe the bottom of the reinsurance market may be in sight because brokers are having greater difficulty filling out underpriced programs and further concessions in terms are ...
XL Catlin Tops J.D. Power’s 2016 List of Highest-Performing Large Commercial Insurers
XL Catlin was 2016's highest-performing large commercial insurer in terms of customer satisfaction, according to the latest J.D. Power study. CNA, Chubb, Berkshire Hathaway Homestate Companies and a ...
British PM: Hard Brexit Break Is Not Inevitable
A clean break with the EU's single market is not inevitable, British Prime Minister Theresa May said on Monday, seeking to clarify comments that pushed down the pound on the possibility of a ...
VW Must Face U.S. Investor Lawsuit Over Diesel Emissions Cheating
Volkswagen AG must face claims it misled U.S. investors after installing so-called defeat devices in diesel vehicles used to cheat emissions tests. A San Francisco federal judge also rejected a ...
Arch Capital Acquisition Draws Downgrades From Moody’s and Fitch
Arch Capital Group's recently concluded $3.4 billion purchase of American International Group's mortgage guaranty unit spurred both cautious and negative reactions from Moody's Investors Service and ...
Executives On The Move at Navigators, Great American and Starr Companies
Three Chubb vets are taking on executive leadership roles at Navigators. Great American Insurance Group appointed a new director for a division within its Singapore branch. Starr Companies promoted ...
Jan. 1 Reinsurance Renewal Price Drops Moderate: Guy Carpenter
Once again, Jan. 1 reinsurance renewals are indicating pricing declines, but the trend has moderated somewhat. Property catastrophe pricing fell 3.7 percent at Jan. 1, according to the Guy Carpenter ...
Watsa’s Fairfax Reportedly Wants Ontario Pension Fund to Back $4.9B Allied World Buy
Prem Watsa's Fairfax Financial Holdings Ltd. is in talks with the Ontario Municipal Employees Retirement System to see if the pension fund will help finance his $4.9 billion takeover of Allied World ...