News
Willis Re Upgrades Its Cyber Portfolio Management Tool
Willis Re, the reinsurance division of Willis Towers Watson, has launched the next generation of its cyber risk portfolio modeling tool PRISM-Re. PRISM-Re was first released in February 2015 to help ...
U.S. Appeals Court Revives JPMorgan Chase Whistleblower Lawsuit
A federal appeals court on Monday revived a former JPMorgan Chase & Co private banker's whistleblower lawsuit accusing the bank of firing her in retaliation for warning that an Israeli client ...
Suit Alleges Samsung, LG Suppressed Wages in Anti-Employee Poaching Deal
LG Corp. and Samsung Electronics Co. were accused in a lawsuit of conspiring to suppress wages by agreeing not to recruit each other's employees in Silicon Valley, where allegations of no-poaching ...
Soft Market Helping AIG to Refocus; P/C Bolt-On Deals Possible: Schimek
The leader of American International Group's commercial businesses said low-billion-dollar acquisitions could be part of the go-forward strategy during a conference yesterday, where he also revealed ...
SAA Launches Online Database of Investment Manager Performance for Insurers
Late last week, Strategic Asset Alliance, an investment consulting firm that exclusively works with the insurance industry, announced the launch of an online database of the performance, people, ...
Lloyd’s Chairman: Many Companies Waiting to Join, Undaunted by Brexit
The Lloyd's of London insurance market has a queue of companies wanting to join, Chairman John Nelson said on Monday, even as Britain's vote to leave the European Union casts doubt over its European ...
AIR Worldwide Expands Terrorism Model Globally
Catastrophe risk modeler AIR Worldwide has expanded the capabilities of its terrorism risk model to support scenario testing for the United States and 27 other countries to help companies assess the ...
Reinsurance Capital Hits High of $585B for First Time: Aon Benfield
Reinsurance capital reached record levels in the first half of 2016, hitting a new high of $585 billion. Aon Benfield's latest Reinsurance Market Outlook report puts that number in perspective, ...