International
Proposed IRS Rules Could Threaten Paulson, Highbridge Bermuda Ventures
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules ...
Beating the M&A Trend, Aspen is Thriving (So Far) On Its Own
As consolidation in the reinsurance industry accelerates, Aspen Insurance Holdings Ltd. offers a study in contrasts. The Bermuda-based insurer and reinsurer fought off an aggressive takeover bid ...
Swiss Re, IBM, to Team on Corporate Cyber Risk Protection
Swiss Re is linking up with IBM in a bid to address demand for better corporate cyber risk protection. Neither side is disclosing financial details. Specifically, the partnership is between the Swiss ...
Executives On The Move at ACE, TigerRisk, Allianz and More
We have a number of new executive appointments to tell you about at ACE Group, Tiger Risk, Allianz, Canopius and Infinity Property and Casualty Corp. *** ACE Group said it has made a number of ...
Villers to Leave Executive Roles at Aspen Later This Year
A major executive at Aspen Insurance Holdings is stepping down later this year. Rupert Villers, chairman of Aspen Insurance and president of Aspen International Insurance, said he will leave the ...
Bird Flu Could be ‘Catastrophe’ For Turkey and Egg Industries
Deadly bird flu swelled in the poultry industry in Minnesota and neighboring Wisconsin amid speculation that winds may be carrying virus particles into facilities housing turkeys and chickens. "This ...
Willis Group’s $590M Buy of France’s Largest Broker to Give it Global Reach
Willis Group Holdings Plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn't already own to expand in France, Eastern Europe and the Middle East. Willis ...
ACE Expands Specialist Capacity For Fine Art and Coin Coverage
ACE Group is taking steps to boost its capacity to underwrite fine art, coins and other related high-end items. The global property/casualty insurer said its ACE Global Markets division will offer ...