International
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...
Amlin First-Half Profit Takes Hit from Catastrophe Losses
Amlin Plc, the second-biggest Lloyd's of London insurer by market value, posted an eight percent drop in first-half pretax profit on losses from foreign exchange and natural catastrophes. Profit ...
Former Zurich CEO Schiro, Goldman Director, Dies
James Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.'s lead independent director, has died. He was 68. He died on Aug. 13, according to an ...
Berkshire Hathaway’s Stock is How High?
Berkshire Hathaway Inc's share price on Thursday surpassed and closed above $200,000 for the first time, the latest milestone for a company that Warren Buffett has built over nearly five decades into ...
Allied World Launches Property Line for Canadian Energy Risks
Allied World Assurance Company Holdings has expanded its property and excess casualty offerings for the Canadian market with the launch of its property line for energy risks, the company announced ...
For now, Atlantic Hurricanes are Few and Far Between
It's almost the middle of August, and the Pacific has been cranking out hurricanes and typhoons all over the place. So, what's with the Atlantic? After just about two and half months, hurricanes ...
Has Global Warming Been Ongoing or Not?
The climate change debate continues with new research pointed to a steady global warming trend over thousands of years to the present, contrary to a major work issued in 2013 that tracked cooling ...Report: Two AIG Asia Execs Jump Ship for Berkshire Hathaway
Berkshire Hathaway Inc has hired two senior executives from American International Group Inc's Asia operations to boost its insurance business in the region, the Wall Street Journal reported citing ...