News
Greenlight Re Posts Third Straight Quarterly Loss
Greenlight Capital Re Ltd. posted its third straight unprofitable quarter on losses in the investment portfolio overseen by hedge-fund manager David Einhorn. The net loss for the period ended Sept. ...
Swiss Re America’s Donnell to Become New NCCI CEO as Klingel Retires
Swiss Re America executive, William (Bill) E. Donnell, is set to leave his post at the reinsurance to become the new president and chief executive officer of the National Council of Compensation ...
Executives On The Move at OneBeacon, Arch, ProSight, Aon Benfield and JLT
We have new hires and promotions to tell you about at OneBeacon Insurance Group, Arch Insurance Group, ProSight Specialty, Aon Benfield and JLT Specialty: *** OneBeacon Insurance Group brought on ...
Texas Pounded by Hurricane Patricia
A powerful storm system rumbled through Texas on Saturday, flooding roads and causing a freight train to derail as parts of the state braced for the remnants of Hurricane Patricia to arrive. Many ...
Why Hurricane Patricia Didn’t Cause More Damage in Mexico
(Carrier Management updates AP analysis with RMS and AIR Worldwide statements) Remarkably little damage was reported in the wake of Hurricane Patricia, which hit Mexico after peaking Friday as the ...
Mexico Escapes Major Damage from Hurricane Patricia
Only a day after menacing Mexico as one of history's strongest storms, Hurricane Patricia left apparently little damage Saturday as the once-fearsome system spun inland and quickly weakened to a ...
Ameriprise Financial to Exit Travel Insurance Market After Loss
Ameriprise Financial Inc., which is celebrating the 10th anniversary of its spinoff from American Express Co., is abandoning an unprofitable push into travel insurance. "We had a loss associated with ...
Hackers Targeting $330B Space Economy
Space, the "final frontier," is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival ...