News
Commercial Auto, Workers Comp: Loss Leaders in the Oil Patch
There's no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and ...
Low Global Yields, Short Memories Propel Debt Revival for Frontier Economies
Investors are returning to the riskier, less developed bond markets of Africa and other frontier economies, burying memories of past setbacks and plunging in after global yields failed to rise as ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
ANV Launches Cyber.Media MGU for U.S. Main St. Biz Backed by James River
ANV Holdings BV, a Dutch specialty insurance business, announced the opening of a U.S. managing general underwriter Thursday, focusing on communications and data security risks for "Main Street" U.S. ...
1990s Soft Market Redux? Not Quite, But Global Re Outlook Negative, Says Moody’s
In June, Moody's Investors Service changed its outlook on the global reinsurance sector to negative from stable, noting that the current soft market has traits similar to the one that persisted in ...
Insider Options Trades Seen in 25% of U.S. M&A Deals: Research
About a quarter of U.S. merger and acquisition deals have insider-related options trading activity before official announcements, but only a fraction are being investigated by regulators, according ...
Aon CATstream Expedites Cat Bond Coverage for Cedents
Aon Benfield Securities, the investment banking division of Aon Benfield, announced Wednesday that it has launched a new client facility that offers cedents faster and more efficient access to ...
Marsh to Acquire Majority Stake in Panama-Based Broker Semusa
Marsh has reached a definitive agreement to acquire a majority stake in Semusa, a leading insurance broker and advisor in Panama and Marsh's long-standing local correspondent broker, the company ...
CNA Central Offers Enhanced Online Endorsement Capability
CNA has announced a new automation upgrade to help agents process endorsements more efficiently. The online endorsement capability gives agents the ability to create "what-if" scenarios by generating ...