International
Starr Companies Division Wins ‘A’ Financial Strength Rating From A.M. Best
An international insurance arm of Starr Companies' earned some positive ratings attention from A.M. Best. The ratings agency assigned a financial strength rating of "A" (Excellent) and an issuer ...
The Latest Launches from Chubb, Marsh and More
Chubb beefed up its cover for commercial entertainment producers in the UK and Ireland. A W.R. Berkley company launched a new division. Marsh created a new product designed to help some clients with ...
6 U.S. Ports Are at Greatest Global Risk for High Natural Catastrophe Losses
Six U.S. ports are among 10 globally at biggest risk of high insurance losses stemming from earthquake, wind and storm-surge catastrophes, according to a new RMS analysis. The California-based ...
D&O Market Booms in Brazil as Corruption Probes Mount
Insurers who sell policies limiting executives' liability from lawsuits have seen a surge in business thanks to a sprawling Brazilian corruption probe involving state-controlled Petroleo Brasileiro ...
New Spyware Targeting Firms in Russia, China and Elsewhere: Symantec
A previously unknown hacking group variously dubbed "Strider" or "ProjectSauron" has carried out cyber-espionage attacks against select targets in Russia, China, Iran, Sweden, Belgium and Rwanda, ...
GEICO Gains Helped Boost Berkshire Hathaway Q2 Profit 25%
Warren Buffett's Berkshire Hathaway Inc. said second-quarter profit rose 25 percent on earnings from newly acquired manufacturing businesses and improved results at insurance operations. Net income ...
Energy Investments Drove Liberty Mutual’s Q2 Net Income Down 94%
Losses from energy investments caused a drop of more than 90 percent in Liberty Mutual's 2016 second quarter net income, though net written premium grew and the combined ratio improved slightly. Net ...
Loeb’s Third Point Re Soars on Investment Returns; Combined Ratio Climbs
Third Point Reinsurance Ltd., the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its biggest profit since 2013 as his portfolio rebounded. Second-quarter net income ...