News
Smith Appointed President of Aon Benfield’s U.S. Business
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, on Wednesday announced the appointment of Kelly Smith as president of its U.S. business, effective immediately. ...
Weak 2013 Atlantic Hurricane Season Draws to Close
The 2013 Atlantic hurricane season has delivered the fewest hurricanes since 1982, U.S. forecasters said Monday, despite their predictions in May that it would be a busier than normal year. ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
Zurich P/C Chief Kerner Sees ‘Dramatic’ Cyber Attack in Near Future
Michael Kerner, who oversees property-casualty coverage at Zurich Insurance Group AG, said computer threats are escalating and may soon cause "dramatic" disruptions for businesses and individuals. ...
Bryant’s Reinsurance Fortune Helps Power Alabama’s Football Dominance
The University of Alabama opened a new football-training center last February. Any professional team would be happy to have it. The amenities include a $9 million weight room, a hydrotherapy pool ...
Generali CEO Greco Eyes Extra Cost Cuts to Boost Capital
Assicurazioni Generali SpA, Europe's third-largest insurer, plans to cut an extra 150 million euros ($204 million) of costs by 2015 and reduce debt to boost profit and strengthen capital. The company ...
A.M. Best Urges Reinsurers to Innovate, Close Disaster Coverage Gaps as Capital Markets ‘Get Comfortable’
Characterizing the threat of third-party capital as an "adrenaline shot to the heart" of U.S. and Bermuda reinsurers, A.M. Best urges the reinsurers to innovate beyond simply managing capital of ...
Climate Change Refugee’s Story Highlights Worldwide Challenges
In October, the U.K.'s Daily Telegraph reported that Ioane Teitiota, 37, from the Republic of Kiribati, has asked a court in New Zealand to officially recognize him and his family as climate change ...
AXA Hires Barclays’ Porter to Oversee $515 Billion of Bonds
Axa Investment Managers, a division of France's largest insurer, hired John Porter from Barclays Plc to oversee 380 billion euros ($515 billion) in bonds. Porter, as global head of Axa's fixed-income ...