International
Lloyd’s America Chief Sells Benefits of E&S Sector to Students and Execs
If insurance is the best kept secret in the business world, then the E&S sector is the best kept secret in the insurance industry. That's according to Hank Watkins, president of Lloyd's America, ...
M&A Deals Fuel Continued Surge in Transactional Risk Insurance: Marsh
M&A deals spurred a double-digit jump in the use of transactional risk insurance in 2015 as players on both sides sought to limit risk and improve deal terms, Marsh has found. Marsh's mergers and ...
Allianz Will Unload South Korea Life Operations onto China’s Anbang Insurance
Anbang Insurance Group Co., which walked away from a bid to acquire Starwood Hotels & Resorts Worldwide Inc. last week, has agreed to buy Allianz SE's operations in South Korea. The Chinese ...
Swiss Re Expects Catastrophe Reinsurance Prices to Keep Falling
Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to ...
AIG Reportedly Will Eliminate 125 UK Jobs, Following NYC Cuts
American International Group Inc., the insurer under pressure from activist investors, may eliminate about 125 positions in the U.K. as it scales back in certain countries and moves jobs to ...
Cat Bond Q1 Issuance Hit $2B, a New Record
Catastrophe bond issuance hit $2 billion during the first three months of 2016, making it the most active first quarter in market history, according to the latest report from the Property Claim ...
March Storms in the U.S. Could Cost Insurers $2B: Aon Benfield
Seven severe convective storms hit the U.S. during March, impacting nearly every part of the country and costing the insurance industry an estimated $2.0 billion, according to the latest Global ...
Aon Benfield Readies Launch of Global Reinsurer Trading Platform
Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, will launch a global reinsurer trading platform on April 11. Available for use with the July 1 renewals, ABConnect ...