International
Argo to Expand Surety Capacity On Its Own and With SureTec Financial
Argo Group International Holdings Ltd, said it will expand its commercial surety capacity to $100 million for qualifying clients. Separately, the Bermuda based international underwriter of specialty ...
Germany Will Impose Tough Fracking Restrictions
Germany plans to draw up new rules in the coming weeks for the controversial method of fracking for gas, which will impose tight restrictions on the technique that has led to a shale gas boom in the ...
Bugs and Hurricanes Could Crush Florida Citrus Groves
After a disease-spreading bug wreaked havoc on Florida citrus groves this year, growers like Maury Boyd are seeing a new threat from the weatherman that would mean "pure hell" for orange-juice ...
Aon: Storms Packed a Wallop in May Despite Tornado Lull
In May, severe global weather left insurers with mixed data to mull over. While U.S. tornado activity for the month remained in the bottom 25th percentile dating back to the 1950s, major weather ...
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 ...