International
AIG, Dealing With Pressure from Icahn, Amends Proxy Access Bylaws
American International Group Inc., the insurer pressured by activist investor Carl Icahn to split into three companies, amended its bylaws to allow certain shareholders to include director ...
Executives On The Move at ACE, Allianz and RenaissanceRe
ACE, prepping for its $28 billion acquisition of Chubb, named a new post-merger executive to replace one who is jumping ship. Allianz Global Corporate & Specialty has a new head of global ...
Insurance Software Maker Ebix Mulls $685M Offer For U.K. Rival
Insurance software provider Ebix Inc. is contemplating a $685 million offer for U.K. rival Xchanging plc. Ebix disclosed on Nov. 16 that it sent a letter to Xchanging's board of directors outlining ...
Buffett’s Berkshire Hathaway Selling Investments in Munich Re, Swiss Re, Goldman Sachs
Warren Buffett's Berkshire Hathaway Inc. on Monday said it reduced its stake in Goldman Sachs Group Inc. by 13 percent during the third quarter, paring a successful investment it made during the ...
This Season’s El Niño Will be Among the Strongest Ever Recorded
The current El Niño weather pattern, a phenomenon associated with extreme droughts, storms and floods, is expected to strengthen before the end of the year and become one of the strongest on record, ...
Cooper Gay Swett & Crawford Puts North American Business Up for Sale
Cooper Gay Swett & Crawford is putting its North American business up for sale, the reinsurance broker disclosed on Nov. 13. Specifically, potential buyers will be sought out for CSGC North ...
2015 Atlantic Hurricane Season Below Average But Deadly
The 2015 Atlantic hurricane season may end up being remembered for a subpar number of storms, even though the total still beat early forecasts and more than 50 people died. The season, which also ...
Insurers Could Pay Up to $600M in Brazilian Dam Burst
Insurers covering risks for a Brazilian mine where two dams burst last week, killing at least six people, could pay up to $600 million in claims, a source with direct knowledge of the matter said on ...