International
La Niña May Be Coming, Along With Higher Atlantic Hurricane Risks
Think of it as Mother Nature's roller-coaster ride: the shift between the weather patterns known as El Nino and La Nina that, at their worst, can cause havoc worldwide. El Nino—spurred on by a ...
France’s AXA Will Divest its $2B in Tobacco Industry Assets
AXA SA, France's largest insurer, said it will stop investing in tobacco and divest all of its 1.8 billion euros ($2 billion) of assets in the industry. AXA will sell about 200 million euros of stock ...
I’ve been in this industry long enough to know that a great year can also be a warning sign more...
The Latest Launches from XL Catlin, Guy Carpenter and Assurant
Guy Carpenter & Co. and a partner are coming up with a new cyber aggregation model. XL Catlin beefed up its professional liability coverage for small U.S. architectural and engineering firms. ...
Berkshire Hathaway’s Jain Chooses ‘Zero Maintenance’ Executive to Lead Gen Re
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a "secret weapon," "zero maintenance," and a "true ...
Training and Better Pay Help Counter Cyber Risks: Willis Towers Watson
Companies that deal with data breaches or cyber attacks have employees who see the corporate culture lacking in key areas, Willis Towers Watson asserts in a new analysis. It is not a new thing to ...
Few UK Financial Firms Tackling Cyber Risks in Cohesive Way: Report
Firms across the financial and related professional services industry need to take urgent action on their cyber risks, which present a "real and present danger" to the financial system, according to ...
Egan Cuts Ties with Reinsurance Venture Partner Oaktree Capital
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar ...
Executives On The Move at XL Group, Swiss Re and Hannover Re
XL Group hired a longtime Lloyd's of London executive for a newly created position. Hannover Re promoted three people in various, key roles. Swiss Re has a new CEO of its North America division. *** ...