International
PartnerRe, M&A Focused, Suffers Large Investment Losses in Q2
PartnerRe has enough on its plate juggling a proposed merger with AXIS Capital Holdings Ltd. and an unsolicited bid from the Italian investment firm EXOR SpA. Now there is a sizable second-quarter ...
Language Seen as Critical Leadership Skill for Global CEOs
Facing thousands of Deutsche Bank AG investors, many of them mutinous, Anshu Jain knew a lot was riding on his speech at the annual meeting of Germany's largest bank. "On this day, every word ...
White Mountains Sells Reinsurer Sirius to China Minsheng Investment for $2.2B
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of Shanghai-based China Minsheng Investment Corp. (CMI). The price for ...
ACE Moves to Larger Singapore Space as Asia Expansion Continues
ACE Group said it moved to larger space in Singapore to help facilitate continued expansion in the Asia Pacific Region. Specifically, ACE's new operations entail 38,500 square feet housing more than ...
Most Western, Middle East Insurers See Iran As Attractive Market
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
McGraw Hill to Grab Insurance Data Outfit SNL Financial For $2.23B
McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking ...
Fiat Chrysler Cyber Risk Recall of 1.4M Vehicles Seen as Industry First
Fiat Chrysler Automobiles NV is recalling about 1.4 million cars and trucks equipped with radios that are vulnerable to hacking, the first formal safety campaign in response to a cybersecurity ...
Executives On The Move at ACE, Mt. Logan Re, Aon and More
We have executive promotions and appointments to tell you about at ACE Group, Mt. Logan Re Ltd (Everest Re), DUAL, and Aon plc: *** ACE Group promoted Stephen Crabb to the newly created role of head ...