News
Aquiline Capital Buying UK Online Small Business Insurance Brokerage
On Monday, New York-based private equity firm Aquiline Capital Partners LLC, said it entered into a definitive agreement to acquire Simply Business, an online brokerage service delivering tailored ...
Federal Court Rules Travelers CGL Policy Covers Data Breach
A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private ...
Montross to Depart Gen Re; New CEO Will Report to Possible Buffett Successor Jain
General Reinsurance Corp. Chairman and CEO Tad Montross plans to step down by the end of 2016, the Berkshire-Hathaway-owned reinsurer said on Tuesday. An eventual successor will report to Berkshire ...
Generali Deepens U.S. Commitment With Property Offering
The U.S. branch of Generali's Global Corporate & Commercial business unit has launched a property insurance product for U.S.-based multinational corporations. GC&C is a relative new kid on ...
Swiss Re Americas Reorganizes U.S. P/C Markets Division
The departure of Swiss Re Americas executive William Donnell last fall opened the door to a major reorganization for the reinsurer's U.S. property/casualty arm. Donnell had been president of Swiss Re ...
Executives On The Move at W.R. Berkley, QBE, Argo and Ironshore
QBE North America hired a former AIG human resources executive to fill a key human resources role. Argo Group appointed a new president of Argo Pro U.S. Ironshore Inc. named a new leader for its ...
Beazley/Munich Re Start Selling Broad Cyber Cover for Large Global Companies
Beazley will link up with a unit of Munich Re to roll out broad cyber protection for the world's largest companies, with a focus on digital assets and IT infrastructure. Plans call for Beazley, the ...
Global Cyber Email Scams Cost Businesses Billions of Dollars
Businesses have lost billions of dollars to fast-growing scams where fraudsters impersonate company executives in emails that order staff to transfer to accounts controlled by criminals, according to ...