News
Group Bidding for AIG’s Aircraft Leasing Firm Adding Backers: Report
Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a $4.2 billion bid for American International Group Inc.'s aircraft- leasing unit, three people with ...
Citadel Reports Holding in Loeb’s Third Point Re After IPO
Ken Griffin's Citadel LLC and Cambiar Investors LLC are among asset managers that reported holdings in billionaire Daniel Loeb's Third Point Reinsurance Ltd. after the company's initial public ...
For nearly four years, Drew Hill has worked alongside Vertafore through our partnership with Mutual Capital Analytics (MCA), helping insurance...
RLI Declares $3.00 Special Dividend and Two-for-One Stock Split
Late Thursday, RLI Corp. announced that its board of directors has declared an extraordinary cash dividend of $3.00 per share of common stock, which is expected to total approximately $65 million, ...
Insured Losses from Haiyan Could be $300M-$700M: AIR Worldwide
AIR Worldwide estimates insured losses from Super Typhoon Haiyan will range between $300 million and $ 700 million, the Boston-based catastrophe modeling firm said Sunday. AIR also said that total ...
Cyber-Attacks Increasing Threat to U.S., Major Terror Attack Threats Lower: FBI Director
Attacks on the Internet are a growing threat, and Congress needs to protect companies from being sued for providing information to the government when they've been targeted, security officials told a ...
ILS Market Could Be $150B by 2018, Cat Bonds Likely $50B: BNY Mellon
The level of catastrophe bonds outstanding could more than double from the current level of $19 billion to $50 billion by the end of 2018, according to a report from BNY Mellon. The global provider ...
Study Finds Higher Death Rate When Doctor Says Yes, but Insurer Says No
University of North Carolina researchers found patients who were denied or delayed insurance approval for bariatric surgery, despite being cleared by their medical team, had a mortality rate three ...
California State Fund CEO and CFO Resign
Two top executives at California's State Compensation Insurance Fund have resigned. State Fund President and CEO Tom Rowe and Chief Financial Officer Dan Sevilla will resign from State Fund, the ...