News
Ed Appoints Tilman as Chief Actuary
Ed, the global reinsurance, wholesale and specialty broker, announced the appointment of Jonathan Tilman as chief actuary late last week. Tilman will take up his role in the final quarter of 2017. ...
Kent to Succeed Cavanagh as Willis Re CEO
Willis Re announced last Thursday that James Kent, the current deputy global CEO, will succeed John Cavanagh when he retires from his position as global CEO in December 2017. Kent joined Willis Re in ...
Hackers May Be Trying to Breach Admin Networks of Nuclear, Other Energy Facilities: DHS, FBI
Nuclear and other energy providers have been advised by the Department of Homeland Security and the FBI that hackers may be trying to breach their computer systems. DHS said in a statement Friday ...
Zurich Board Proposal: Liès to Succeed de Swaan as Chair in 2018
Zurich Insurance Group announced last week that the board of directors will propose the election of Michel M. Liès as Chair at the Annual General Meeting (AGM) to be held April 4, 2018. Upon his ...
Tax Software Firm at Center of Cyber Attack Knew of Problems; Criminal Liability Possible
The small Ukrainian tax software company that is accused of being the patient zero of a damaging global cyber epidemic is under investigation and will face charges, the head of Ukraine's Cyber Police ...
AmTrust Signs $400M Reinsurance Agreement With Premia Re
AmTrust Financial Services inked a reinsurance agreement with Premia Reinsurance Ltd. The cover addresses loss reserve development up to $400 million over the company's stated reserves of $6.59 ...
Berkshire Hathaway’s $9B Oncor Purchase Agreement Represents Big Bet on Power
Warren Buffett's Berkshire Hathaway Inc said on Friday it agreed to pay $9 billion to buy the parent of Texas power transmission company Oncor Electric Delivery Co, stepping up its pursuit of steady ...
Auto Insurance Startup Root Expands, Links With Lyft on Car Rental Alternative
Startup telematics-based auto insurer Root is now offering rental coverage in partnership with ridesharing firm Lyft. For policyholders with short-term needs for alternate transportation after an ...