Endurance Gives Up on Bid to Buy Aspen

After three months of trying, Bermuda reinsurance company Endurance Specialty Holdings Ltd. has given up trying to acquire archrival Aspen Insurance Holdings Ltd. The final blow apparently happened ...

Aspen CEO Sees Opportunity in Aviation War Market

While insurers including Allianz SE, Atrium Underwriting Group and AIG have taken recent hits with plane crashes in the Ukraine, Taiwan and elsewhere, Aspen Insurance Holdings has avoided major ...

Allianz’s Pimco Plans For More Democratic Future

When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ...

AIG Is Lead Insurer for Taiwan Plane Crash

American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan's Magong airport, according to Aon Plc, a broker that tracks the market ...

Global Terrorism Fatalities Up 30%: Maplecroft

Global fatalities from acts of terrorism have risen 30 percent over the last 12 months compared to the five-year average, according to a new security monitoring service from global risk analytics ...