News
Howard Succeeds Boyle as International Editor for Wells Media
L.S. Howard has been appointed international editor for Insurance Journal and Carrier Management. The London-based journalist succeeds Charles E. Boyle, who retired at the end of 2015 after 17 years ...
The Latest Launches from Berkshire Hathaway Specialty Insurance, TigerRisk and More
Berkshire Hathaway Specialty Insurance unveiled two new products targeting nonprofits and the construction industry. TigerRisk found a partner with which to develop flood reinsurance analytics. ...
Hamilton CEO Duperreault Will Add ‘Chairman’ to Title; Weill Retiring
Hamilton Insurance Group CEO Brian Duperreault will add "chairman" to his title, the Bermuda-based property/casualty insurance and reinsurance holding company has disclosed. The leadership tweak is ...
AIG Attracted Investment from Hedge Fund Jana Partners in Q4
Jana Partners LLC, the hedge fund founded by Barry Rosenstein, added stakes in pharmaceutical companies and American International Group Inc. while exiting its position in Hertz Global Holdings Inc. ...
Fosun International Cancels $460M Deal to Grab Israeli Insurance Company
Fosun International Ltd.'s $460 million deal to buy Delek Group Ltd.'s insurance unit has been terminated, a setback for Israel's largest energy company as it seeks to focus on its core business. The ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
Navigators Navigated a Tough Market in 2015
The Navigators Group Inc., like many property/casualty insurers, said that challenging market conditions in areas such as offshore energy shaped its 2015 fourth quarter and year. But the ...
RLI Launches Cyber Liability Unit
Specialty insurer RLI Insurance Co. has created a Cyber Liability unit through its Executive Products group. Underwriting directors Sean Scranton and Natasha Richard will lead the new unit, which ...