International
Swiss Re CFO: Regulators Should Keep Cat Bonds From Risky Repackaging
Swiss Re AG, Europe's second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. "It's important for traditional players like us and ...
At RIMS 2015, Cyber Threats were High on the P/C Industry’s Priority List
The insurance industry is increasingly concerned about protecting clients against the growing and poorly understood problem of cyber threats, a group of underwriters and brokers told an audience of ...
PartnerRe Bans Earnings Call Questions on EXOR’s $6.4B Bid
PartnerRe Ltd., the reinsurer that agreed to combine with Axis Capital Holdings Ltd., said it would refuse to answer questions on its first-quarter earnings call about the unsolicited $6.4 billion ...
AIG Signs on Four Firms to Boost Client Cyber Security Services
American International Group forged four new partnerships with cyber security companies in a bid to boost risk mitigation and prevention services for its clients. AIG declined to disclose financial ...
XL Group CEO McGavick: His ‘High Stakes’ Deals Beat the ‘Roadkill’ that Followed
XL Group Plc Chief Executive Officer Mike McGavick said that while he shuns casinos unless he's with his mother-in-law, he's felt lately like he was sitting at a "high stakes table" as he made ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...
Global Regulators’ Influence Over U.S. Insurance Policy Criticized
A member of the U.S. panel charged with preventing another financial crisis said he's concerned that global regulators have too much sway over American policy, especially on insurance. "International ...
Insurers Liable For Little of $2B Nepal Quake Cost
Damage in India could cost an additional $800 million, according to figures from the disaster-modeling firm that include property damage and long-term business-interruption costs. Less than 1 percent ...