News
Marsh Urges Carriers to End Cyber Clause Stalemate For Energy Firms
Continuing uncertainty surrounding the application of cyber-exclusion clauses is eroding the value of insurance and causing mounting concern among global energy firms, according to Marsh's latest ...
A.M. Best Weighs In With New Concerns on Aon-Berkshire Type Deals
Underwriting risk management practices could loosen up as insurers join forces with major brokers on what A.M. Best calls "mega" whole-account broker deals in the London market, the rating agency ...
The answer to an underwriting or claims question may already be in the file. Getting to it can mean opening...
Guy Carpenter Announces New Greek and Cypriot Venture
Guy Carpenter & Co. LLC on Wednesday announced that it has made a major strategic investment in a new venture designed to help develop business in Greece, Cyprus and adjacent countries. Guy ...
Wells Media Launches Carrier Management Print Magazine
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the ...Tooker to Replace Cholnoky as General Reinsurance President in 2014
John Cholnoky will retire as president of General Reinsurance Corp. during the first quarter of next year, the Stamford, Conn.-based reinsurer said. The company, which is owned by Berkshire Hathaway ...
S&P Calls Federal Lawsuit ‘Retaliation’ for U.S. Downgrade
Standard & Poor's said on Tuesday the U.S. government filed a $5 billion fraud lawsuit against it in "retaliation" for its 2011 decision to strip the country of its "AAA" credit rating. The ...
RenaissanceRe and Munich Re Reach Agreement on U.S.-Based Weather and Energy Unit
RenaissanceRe Holdings Ltd. announced Tuesday that it entered into an agreement with Munich Re to sell its U.S.-based weather and weather-related energy risk management unit, RenRe Energy Advisors ...