News
Reinsurance Pricing Dropping Faster than Expected: Nomura
In a research note published late last week, analysts at Nomura Equity Research reported that prices for Jan. 1 reinsurance renewals are falling faster than expected, with some U.S. property ...
Fifteen States Press Obama for Tough, Flexible Climate Rules
Fifteen states that have taken steps to reduce greenhouse gas emissions are seeking assurances that their efforts will be recognized when the U.S. Environmental Protection agency issues new rules ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Swiss Re’s George Quinn to Join Zurich as CFO
George Quinn will step down from his role as group chief financial officer at Swiss Re, effective April 30, 2014, and will assume the post of chief financial officer and member of the group executive ...
Lloyd’s Appoints Inga Beale as CEO
The Council of Lloyd's announced that Inga Beale has been appointed to the position of chief executive to succeed Richard Ward, effective Jan. 1, 2014. Beale comes to Lloyd's with three decades of ...
Toyota To Begin Settlement Talks For Acceleration Cases
Toyota Motor Corp. will begin talks to potentially settle hundreds of lawsuits alleging that defects caused some of its vehicles to unexpectedly accelerate, according to a court filing. Thursday's ...
Analysis: Continued Contraction Seen for U.S. Municipal Bonds Market in 2014
The withering U.S. municipal bond market will shrink even more well into 2014, with interest rate and credit risks keeping both investors and borrowers away. Barring an unforeseen turnaround in the ...
Cantor Fitzgerald, American Airlines Agree to 9/11 Suit Settlement
Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc. and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade ...AIG Selling Aircraft Leasing Firm for $5 Billion
American International Group Inc. agreed to sell the world's second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the ...