News
Aspen Board Urges Shareholders to Reject Latest Endurance Bid
Aspen's board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. ...
U.S. Economic Growth Picking Up Through 2015: OECD
The U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the ...
Wind Park, Power Grid Investments Causing Solvency II Headaches for EU Insurers
Insurance regulators in Europe won't relax rules designed to protect customers from risks to investments in structures like wind parks and power grids, the head of the industry's watchdog said. ...
Buffett Warning Unheeded as Cat Bonds Surge
Bond buyers are betting more than ever on the mercy of Mother Nature as they seek to boost yields being suppressed by central banks. Demand for notes linked to insurance against hurricanes and other ...
On the Road: Are America’s Guardrails Dangerous?
Before dawn on Feb. 23, Darius Williams ran his Nissan Sentra off a North Carolina interstate at 80 miles per hour. A length of guardrail pierced his door, according to the police report, driving the ...
Lloyd’s Study Predicts World Cup Winner
A new study by Lloyd's and the Centre for Economics and Business Research (CEBR) predicts that based on insurable value, Germany has the most expensive team competing in the 2014 FIFA World Cup and ...
QBE Creates Emerging Markets Division, Combining Latin Am, Asia-Pac Units
QBE Insurance Group Limited announced Monday that it is combining its Latin America and Asia Pacific divisions to form the QBE Emerging Markets division, characterizing the move as a strategic change ...
Florida Judge Approves Deal for Heritage to Assume Sunshine State Policies
A Florida judge has signed off on a plan by regulators to allow a failed Florida property insurer's policyholders to be assumed by another company, although policyholders will retain the option to ...