News
Andrew Carrier Jumps from Argo to Everest Re
Bermuda holding company Everest Re Group Ltd. is bringing on Andrew Carrier as the new president of Everest Advisors, U.K. and general manager of European Operations. Carrier was most recently chief ...
Qian to Head Ironshore International’s New Hong Kong Office
Ironshore International announced the opening of an office in Hong Kong to build upon the company's presence in the Asia-Pacific region. The addition of the office demonstrates Ironshore's commitment ...
AIG’s Hancock to Get $11.8M Pay Package as CEO
American International Group Inc.'s Peter Hancock will get a compensation package of $11.8 million a year as the insurer's new chief executive officer. The short-term incentive will be $3.2 million ...
With Volumes Soaring, Zurich Doubles Its Green Bond Commitment
Zurich Insurance Group AG said it is boosting its investment in green bonds to up to $2 billion, with plans to spread the initiative through three different European currencies. Switzerland's largest ...
Insurers Struggling With Cyber Risk Market; Staffing an Issue
Insurers are eagerly eyeing exponential growth in the tiny cyber coverage market, but their lack of experience and skills handling hackers and data breaches may keep their ambitions in check. ...
70% of Critical Infrastructure Providers Have Been Breached: Survey
According to new research from Unisys Corporation, nearly 70 percent of companies responsible for critical infrastructure have reported at least one security breach in the past 12 months. The survey ...
U.S. SEC Set to Examine Alternative Mutual Funds
A surge of investment in alternative mutual funds has caught the attention of the U.S. Securities and Exchange Commission, which will launch examinations of fund companies targeting funds' leverage, ...
Ridesharing Lyft Blocked by NYC Restraining Order; Insurance Law Defiance Cited
New York officials say they've obtained a temporary restraining order against Lyft, the on-demand ride-sharing app, from operating in New York City. The attorney general's office and the Department ...