International
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
FTI Consulting Bolsters Global Insurance Practice
FTI Consulting, Inc., a global business advisory firm, announced the expansion of its global insurance practice through the addition of 41 professionals, including two senior managing directors and ...Willis Places Catlin $300M Cat Bond
Willis Capital Markets & Advisory the capital markets and advisory business of Willis Group Holdings, the global risk advisor, insurance and reinsurance broker, announced that it has structured ...
Hannover Re Quarterly Profit Falls as Investment Income Drops
Hannover Re, the world's third-biggest reinsurer, said third-quarter profit fell 23 percent on lower investment income, beating analysts' estimates. Net income fell to 205.5 million euros ($277 ...
RSA Tumbles as Windstorms Push Profitability Below Target
RSA Insurance Group Plc tumbled after the U.K.'s biggest non-life insurer by market value said it will miss its profitability target in the wake of last week's European windstorms. Wind damage in ...
PLUS Told World Needs Insurance Industry to be ‘Bold’ and ‘Sexy’ Now
It's time for the insurance industry to be "bold" and "sexy" in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according to a ...
If It Gambles Like a Bank, Regulate It Like a Bank: Bloomberg View
Five years after a crisis that almost took down the world economy, regulators are still groping for a way to address one of the global financial system's most obvious weaknesses: the trillions of ...
South Africa’s MMI Acquiring Alexander Forbes Insurance Business
MMI Holdings Ltd., South Africa's third-largest insurer, agreed to pay 1.6 billion rand ($158 million) for Alexander Forbes Ltd.'s insurance business. MMI will fund the cash acquisition of Guardrisk ...