International
The Dead and Missing Rise in Japan Landslide Tragedy
Rescue workers battled through mud for a second day in search of dozens of people still missing after torrential rain triggered landslides in the western Japanese city of Hiroshima that killed 39 ...
Global Bank Giants Face U.S. Warnings Over Risk Assessment Practices
U.S. regulators are sending some of the biggest global banks verbal warnings as they crack down on the firms' poor grasp of their own weaknesses, and push for rapid improvements in risk assessment, ...
Fitch Upgrades Rating for Hannover Re
Hannover Re has worked to maintain steady earnings and reduce its financial leverage, and Fitch Ratings has recognized the company with a ratings upgrade. Fitch said it has boosted the insurer's ...
Allied World Names New Reinsurance Head to Confront Tough Market
Allied World Assurance Company Holdings has named John Bender as its new CEO for global reinsurance operations, giving him broader responsibility for a crucial division at the company that has ...
Swiss Re’s Improved Financials Earn It a Ratings Upgrade
Swiss Re Group's good fortunes have helped give it a ratings boost. Fitch Ratings now ranks the company's financial strength rating as positive or A+, up from stable. A similar upgrade is in place ...
RMS: Global Ebola Pandemic Highly Unlikely
To those who worry about the risk of a global Ebola pandemic, catastrophe modeler RMS is essentially saying, "relax." In a new blog entry on the company's web site, RMS acknowledged that the World ...
QBE CEO Neal: We’ll Keep U.S. Middle Market Biz
QBE has changed its mind about a possible sale of its U.S.-based middle market business, months after confirming that it was under strategic review. Why the change? It seems there's been a bit of a ...
Canada Feds: Rail Disaster Followed Inadequate Company Audit
The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on ...