News
U.S. Tsunami Warning Centers Open Despite Shutdown
Despite the federal government's partial government shutdown, Americans have a full team of scientists tracking every possibility for an earthquake-triggered tsunami. The nation's two tsunami warning ...
Blue Capital Re Files for Proposed IPO
Montpelier Re Holdings Ltd. and its wholly owned subsidiary Blue Capital Reinsurance Holdings Ltd. announced Monday that Blue Capital Reinsurance has filed for an initial public offering of the ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Insurers Making ‘Immense Changes’ Under Solvency II: German Insurer CEO Goerg
Insurers in Europe will make "immense changes" to their business when new risk-based rules are put in place, the chief executive officer of Gothaer Group and head of a group representing German ...
AIG’s Mortgage Insurer Woos Business Amid FHA Shutdown
American International Group Inc.'s mortgage insurer, whose biggest rival is a U.S. agency, is wooing borrowers with the prospect that they'll avoid delays tied to the partial government shutdown. ...
Stanford Case Triggers Supreme Court Clash Over Securities Laws
The U.S. Supreme Court debated the reach of the federal securities laws, questioning whether investors can sue law firms and outside companies for their alleged roles in R. Allen Stanford's $7 ...
Evans to Head New International Insurance Platform at Endurance
Endurance Specialty Holdings Ltd. announced Monday that Graham Evans will be joining the company as executive vice president and head of International Insurance. Evans, a 25-year veteran of the ...
Tower Reserve Charge Prompts Fitch Downgrade, Carrier Review of Options
Tower Group International, Ltd. announced reserve and goodwill charges representing over 60 percent of year-end 2012 shareholder's equity Monday, prompting Fitch Ratings to cut the financial strength ...