International
Report: AXIS, PartnerRe May Sweeten Their $6.2B Merger Agreement
Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people ...
China Monsoon Economic Loss Near $4B: Aon Benfield
Impact Forecasting, Aon Benfield's catastrophe model development team, reported June figures for catastrophe losses on opposite sides of the global, with China monsoon losses coming in highest at ...
W.R. Berkley Forms Colombia Unit; ACE Names Philippines Executive
W.R. Berkley Corp. announced the formation of Berkley International Seguros Colombia S.A., which it said would sell construction all risk, surety, general liability, directors and officers liability, ...
IMF Cautions U.S. on Global Economic Turmoil; Urges National Insurance Regulator
A global slowdown in economic growth, together with political and economic upheaval in places like Greece, the Middle East and Ukraine, could hurt U.S. growth going forward, the International ...
ACE: Tech, Supply Chain and Regulatory Risks Top Concerns for EMEA Businesses
Risk managers identify technology, supply chain and regulatory as the risks currently causing their organizations the greatest concern, according to new research published by ACE European Group. ...
Friday Afternoon Cyber Scam Cost Hedge Fund $1.2M and CFO’s Job
The finance chief at Fortelus Capital Management LLP got an alarming phone call just as he was getting ready to leave work on a Friday. The caller said he was from Coutts, the London-based hedge ...
Germanwings Offers Emotional Damage Payments to Families of Crash Victims
Germanwings is offering 25,000 euros ($27,958) compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, the airline said on Tuesday. Evidence ...
Credit Insurers Refusing New Coverage to Greek Customers
Credit insurers are refusing to offer new cover to companies carrying out trade with Greece because of uncertainty over the solvency of Greek customers hit by capital controls, a Greek importer told ...