International
Ebola Spread Could Spur Big Business Interruption Losses: AIR Worldwide
With an ongoing outbreak of Ebola in West Africa shows no sign of slowing, AIR Worldwide predicted business interruption losses in a number of areas, but questions whether existing coverage will be ...
The FSB Wants Feedback on Policies For Systemically Important Insurers
The Financial Stability Board (FSB) is seeking public comment on proposed guidance "for the identification of the critical functions and critical shared services for systemically important insurers." ...
Marsh Brings on New CFO to Replace Malvasio
Marsh has chosen a new chief financial offer to replace the long-time executive who currently has held the position and is retiring. The insurance broker and risk management subsidiary of Marsh & ...
Modeling Predicts Up to 24 U.S. Ebola Patients by October’s End
There could be as many as two dozen people in the U.S. infected with Ebola by the end of the month, according to researchers tracking the virus with a computer model. The actual number probably will ...
Hurricane Gonzalo Threatens Bermuda’s Hurricane-Free Streak
The last major hurricane to strike land anywhere in the Atlantic basin was Sandy in 2012. That may change tomorrow as Hurricane Gonzalo bears down on Bermuda. Gonzalo is a Category 4 storm, the first ...
XL Group Fills Major Executive Slot
XL Group, a global insurance and reinsurance company, has hired from within to fill a crucial executive position. Michael Garceau will now be chief financial officer of XL Group's global insurance ...
In Venezuela, Oil Price Plunge Makes Debt Insurance Costs Soar
The cost for insuring Venezuelan sovereign debt against default or restructuring surged on Wednesday as global oil prices swooned to a 27-month low before rebounding, illustrating rising investor ...