International
Swiss Re, Prudential, Eye African Reinsurance and Pension Opportunities
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and ...
Another Philippines Typhoon Causes Death and Destruction
Typhoon Hagupit slammed the central Philippines with heavy rain and gales, toppling trees and power lines and threatening the recovery of regions devastated by Super TyphoonHaiyan a year ago. Schools ...
Willis Group Hires Swiss Re Vet For New Collaboration-Centric Executive Slot
Willis Group Holdings has created a new executive position focused on boosting collaboration within the company. A veteran of Swiss Re and elsewhere will fill the slot. Stefan Spohr is now the ...
Aspen Replaced its Chief Financial Officer
Aspen Insurance Holdings Ltd. has picked a new chief financial officer, choosing to fill the position from within. The Bermuda-based reinsurer and insurer disclosed on Dec. 5 that Scott Kirk has been ...
China’s Ping An Insurance May be Investing in Frankfurt Building
Ping An Insurance (Group) Co., China's second-largest insurer, has submitted a bid for The Squaire building in Frankfurt, people with knowledge of the matter said. The Squaire, a ship-like office and ...
November Featured Large Doses of Severe Weather: Aon Benfield
Bad weather made a huge impact in November, with four major winter weather events and resulting fatalities in the United States, global flooding and a big hailstorm in Australia generating much of ...
ACORD’s Long-Time Leader will Retire in 2016
ACORD's long-time president and CEO plans to retire within the next year after many influential years in charge. The global non-profit insurance industry standards organization disclosed that Gregory ...
Takata Irks Regulators by Rejecting Broader Air Bag Recall Request
The top U.S. auto-safety regulator told lawmakers there is no way Takata Corp. can justify limiting an air bag recall to only high-humidity states. David Friedman, the deputy administrator for the ...