International
Third Point Re, Greenlight Capital Re Targeted by Short Sellers as Losses Soar
The shorts are targeting one of Wall Street's best known short sellers. Bearish investors have piled on bets against a reinsurer started by hedge fund manager David Einhorn as the company's losses ...
China Leader Urges United Front Against Hacking, Network Surveillance
China's President Xi Jinping laid out his vision for the Internet on Wednesday, calling for respect of different governance models and standardized online security, placing China at the front of ...
Typhoon Melor Kills Four, Leaves Millions in Philippines Without Electricity
Schools were shut in the greater Manila area and nearby cities as Typhoon Melor triggered a storm that paralyzed traffic with floods across the Philippine capital, the government said. The typhoon, ...
AXIS Opening New Office in Dubai
AXIS Capital Holdings is looking to Dubai to help spur its next expansion phase. The Bermuda-based specialty insurer and reinsurer said its wholly owned subsidiary AXIS Re SE won a license from the ...
Clear Blue, New U.S. Commercial Insurance Fronting Outfit, Rolls Out Nationally
A newly-formed commercial insurance fronting provider, Clear Blue Financial Holdings LLC, said it has officially launched with two fully-licensed fronting carriers and will begin servicing clients ...
Most Insurers Both Ready for and Threatened by Solvency II
With only a few weeks left before Solvency II rules kick in on Jan. 1, most insurers are at least somewhat ready for the new minimum capital requirements, according to a new survey of executives from ...
Europe’s Domestic Regulators Add Tougher Rules On Top of Solvency II
Domestic regulators are increasingly "gold-plating" new European insurance capital rules by adding their own more stringent requirements, according to a survey of insurance trade associations. ...
Chinese Online Property Insurer ZhongAn Tops List of Financial Technology Innovators
Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and ...