International
Cat Bonds, Emerging Risks and More at S&P’s Annual Insurance Gathering
Cat bond issuances are hitting record levels, leaving the industry with questions about how long alternative capital will keep pouring into the reinsurance market. That idea emerged during the ...
In Hiring, Overlooking Disability in the Pursuit of Diversity Creates Risks
Caroline Ashrafi, who built a successful career as a manager at KPMG in Britain while privately struggling with mental health problems, recalls being sent on a management training course on how to ...
Berkshire Hathaway’s General Re Chooses Asset Management Head
General Re, a unit of Warren Buffett's Berkshire Hathaway Inc., promoted Bill Rotatori to chief executive officer of its asset management unit that oversees $63 billion for clients including ...
Some See Volcanoes As Safety Threat to Japan Nuclear Plants
In the three years since the Fukushima disaster, Japan's utilities have pledged $15 billion to harden their nuclear plants against earthquakes, tsunamis, tornadoes and terrorist attacks. But as ...
Reinsurers Are Ripe For M&A: Nomura
The reinsurance market is ripe for consolidation because the sector continues to soften, with alternative capacity in at least one area set to double over the next few years, a Nomura Equity Research ...
World Cup Corporate Sponsors May Risk Cyber-Attack
The hacker group Anonymous is preparing a cyber-attack on corporate sponsors of the World Cup in Brazil to protest the lavish spending on the soccer games in a country struggling to provide basic ...
Endurance CEO Charman Miffed at Aspen’s M&A Rebuffs
During an Endurance Specialty Holdings Ltd. investor call on June 2, one thing became perfectly clear. John Charman, the company's chairman and CEO, is miffed at the board and executive leadership of ...
Hacking Threats Make Cyber Experts Darlings of the Corporate World
Some of the largest U.S. companies are looking to hire cybersecurity experts in newly elevated positions and bring technologists on to their boards, a sign that corporate America is increasingly ...