International
Report: AIG Seeking Chief Investment Officer to Manage $350B Portfolio
American International Group Inc. is seeking a chief investment officer to oversee a portfolio valued at more than $350 billion, according to a person with knowledge of the insurer's plan. The money ...
Climate Change Places Investment Returns at Risk: Mercer
Climate change could adversely affect investment returns in the coming years. With that in mind, investors should rely on environmental risk modeling to determine how to adapt and minimize impact, ...
Long-Term Stability of Reinsurance Market Questioned
The reinsurance market is moving from coverage of acts of God to one that covers commoditized risks – an evolution that could have long-term implications for market stability and trading ...
AIG Ex-CEO Greenberg Will Appeal Bailout Ruling That Left Out Damages
Maurice "Hank' Greenberg, who won what most considered a long-shot case with a ruling that the U.S. government acted illegally towards American International Group Inc. shareholders in the terms it ...
Ironshore to Spot U.S. Asset Purchases For Fosun, Its Chinese Owner
Ironshore, will help spot U.S. businesses and assets to buy for Fosun International, the Chinese conglomerate slated to become owner of the Bermuda –based insurer and reinsurer. These assets, in ...
Ex-AIG CEO Greenberg Wins Bailout Suit But No Damages
Hank Greenberg won his fight to hold the U.S. responsible for a bitter pill it forced down the throat of American International Group Inc. But that's about it. The judge who called illegally onerous ...
Executives On The Move at Allianz, Aspen Re, Navigators and More
We have new executives promotions to tell you about from Aspen Re, the Navigators Group, Ironshore, AEGIS London and Allianz. *** Aspen Re hired on a RenaissanceRe executive as its new head of ...
New Texas Flood Threat Looms; Tropical Storm Carlos Growls in Pacific
As Tropical Storm Carlos churns in the Pacific, threatening Mexico's coast, the Atlantic's second storm of the year may be developing over the Yucatan Peninsula, with the potential to reach Texas and ...