News
SNL’s Top 30 E&S Writers: Berkshire On Fire With 40% Growth in 2013
With 40 percent premium growth in 2013, Berkshire Hathaway Inc. climbed five spots in the U.S. excess and surplus lines ranking compiled by SNL Financial, while QBE scaled back its North American ...
Jury Hits Drugmakers With $9B in Punitive Damages
Takeda Pharmaceutical Co. Ltd. said it would contest $6 billion in punitive damages imposed by a U.S. federal jury in a case alleging that Japan's largest drugmaker had concealed cancer risks ...
Winners Announced for 2014 Shin Research Excellence Awards
The Geneva Association and the International Insurance Society (IIS) have announced the winners of their collaborative insurance research program, the Shin Research Excellence Awards, which is ...
EU’s New Food Labeling Regulation Could Fuel Product Liability Claims: ACE Report
ACE Group advised Tuesday that companies in the food and drink industry could face more claims from consumers as a result of new European food labeling regulations that come into force later this ...
China Could Attract More Global Firms with Relaxed Insurance M&A Rules
China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow ...
U.S. SEC Forms Group to Probe Private Equity, Hedge Funds
The U.S. Securities and Exchange Commission (SEC) has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated, ...
CO2 Won’t Replace Fracking Water Anytime Soon, GE Research Says
Carbon dioxide, used for years to force crude oil out of old wells, likely will not replace water in fracking anytime soon because of technical challenges and limited infrastructure, says General ...
Hiscox Re Announces CFO, COO Appointments
Hiscox Re, the newly combined reinsurance operations of Hiscox, announced the appointments of Reeva Bakhshi as chief financial Officer and Paresh Thakrar as chief operating officer on Monday. CFO ...