News
Aon’s New Political Risk Map Highlights BRICS Increased Risks
Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies an increased risk rating for all five BRICS countries. Aon noted that ...
WSJ: NAIC Head Blasts Dodd-Frank Law’s Insurance Industry Reach
The head of the National Association of Insurance Commissioners is lamenting that greater federal oversight now in place over insurers such as AIG is fixing something "that isn't broken," forcing ...Travelers CEO Fishman Eyes Potential Foreign Acquisitions
Travelers Cos., which acquired Dominion of Canada General Insurance in 2013 and increased its ownership stake in its joint venture in Brazil in 2012, is likely to continue expanding internationally. ...
RMS Signs on 5 New Catastrophe Modeling Partners
RMS said it inked partnerships with five additional companies in a bid to further diversify catastrophe modeling options for its new cutting-edge system. Financial terms were not disclosed. The ...
Beijing Breaks Into Top 10 City Rankings: A.T. Kearney
Beijing's ability to draw business investment helped vault it into the top 10 of cities with the greatest global appeal. The Chinese capital landed at eighth of 84 municipalities ranked by ...
Chilean Wildfire Damage Wipes Out 2,000-Plus Homes And Counting
Chilean firefighters were struggling to control a blaze around the city of Valparaiso that has destroyed more than 2,000 homes on Monday, just two weeks after an earthquake collapsed houses in the ...
Round 3: Endurance Says Aspen Offers Shareholders ‘Red Herrings’ Instead of Value With Bid Response
In the third volley of a contest between two Bermuda specialty companies on Monday, Endurance said that Aspen's rejection of a bid to buy the company for $3.2 billion ignores the best interests of ...
Hurricane Camille Downgraded After 45 Years
The National Hurricane Center has downgraded Hurricane Camille's strength at its catastrophic landfall in 1969. The Category 5 hurricane came ashore along Mississippi's coast. The storm was blamed ...