International
Executives On The Move at Ironshore, BHSI and Lloyd’s
Ironshore named a new global energy industry practice leaders. Berkshire Hathaway Specialty Insurance has a new head of claims tasked with handline a line expansion. Lloyd's hired a regional director ...
Zurich’s Ratings Stay the Same Despite Projected Q4 Losses: A.M. Best
Zurich Insurance Co. Ltd.'s financial strength rating of A+ (Superior) and issuer credit rating of "aa-" remain unchanged, following preliminary news of more losses to come in the insurer's general ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Swiss Re Joins Urban Catastrophe Recovery Initiative
Swiss Re is linking with a French utilities company and a U.S. non-profit to help cities better protect key infrastructure and recover more quickly after catastrophe strikes. Specifically, Swiss Re ...
AIG Faced Investor Pressure Long Before Icahn
American International Group Inc. knows what it's like to be circled by hawks. Under pressure in 2009 to repay the insurer's bailout, company executives were in a race to sell assets. Then Robert ...
Travelers Profit Plunges 17 Percent, Slammed by Troubled Energy Investments
Travelers Cos., the only property-casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit fell 17 percent as investment income declined on low bond yields and valuations for ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
U.K. Insurer Aviva Targets North America with $402M Canadian Acquisition
Aviva Plc, the U.K.'s second-biggest insurer by market value, agreed to buy a home and auto insurer from Royal Bank of Canada for C$582 million ($402 million) to expand in North America. The purchase ...