News
Executives On The Move at Axis Capital Holdings and Everest Insurance
AXIS Capital Holdings brought on an Allied World veteran to fill a new executive position. Everest Insurance has given one of its longtime executives additional responsibilities. *** Kent Ziegler has ...
Hurricane Michael Insured Losses Could Hit Between $6.8B-$10B: RMS
Insured losses from Hurricane Michael now look to be between $6.8 billion and $10 billion, according to a new estimate from catastrophe modeler RMS. That estimate covers insured losses relating to ...
Arch Insurance Appoints Shulman to Lead North American Business; New Organizational Structure Added
Arch Insurance named a long-term executive at the company to lead its North American operations. Matt Shulman will take on the newly created role of CEO, Arch Insurance North America, effective Jan. ...
UK PM May Reportedly Bends on Brexit Border Demand
U.K. Prime Minister Theresa May is said to be ready to ditch one of her key Brexit demands in order to resolve the vexed issue of the Irish border and clear the path to a deal, according to people ...
Berkshire Hathaway Sued, Accused of Trying to Cripple Company That Sells Duracell Products
Warren Buffett's Berkshire Hathaway Inc. was accused in a lawsuit of trying to cripple a New York-based company that sells Duracell-branded products after the billionaire investor acquired the ...
AIG Alert: Florence, Typhoons Will Cause Up to $1.7B in Cat Losses
American International Group Inc. expects to report third-quarter catastrophe losses of $1.5 billion to $1.7 billion from natural disasters including Hurricane Florence and typhoons Jebi and Trami. ...
Executives On The Move at Aon and W.R. Berkley
Aon named a chief innovation officer who will, in part, be charged with organizing the company's New Ventures Group, a division focused on developing new technologies and services for clients. W.R. ...
Large Q3 Losses Coming for Swiss Re; Italy Bridge Collapse, Storms to Blame
Swiss Re AG said it will post relatively "large" losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms. Natural disaster ...