News
Tokio Millennium Re Redomesticating to Switzerland This Year, Expanding To U.S. In ’14
Tokio Millennium Re Ltd. announced Tuesday that it plans to redomesticate its place of incorporation from Bermuda to Switzerland, saying that the move is part of its ongoing commitment to growth and ...
How They Rank: Fitch Reports On Top D&O Insurers
Directors and officers liability insurance premium rates were previously lagging the market recovery in the broader commercial lines segment, but pricing trends are now catching up, Fitch Ratings ...
For years, the insurance industry has been working to reduce the friction that slows down underwriting, claims, and servicing. Now,...
D&O Pricing Catching Up To Loss Trends: Fitch
Direct written premiums for the directors and officers liability insurance line rose 6.9 percent last year, according to a recent analysis by Fitch Ratings, which also shows that direct loss ratios ...
Nintendo Wins U.S. Appeals Court Decision Over Wii In Patent Case
Nintendo Co, one of the world's largest makers of video game players, won a U.S. appeals court decision in a patent case that will allow it to keep importing its popular Wii system into the United ...
Bloomberg’s Top Editor Calls Client Data Policy ‘Inexcusable’
Matthew Winkler, editor-in-chief of Bloomberg News, apologized on Monday for allowing journalists "limited" access to sensitive data about how clients used Bloomberg terminals, saying it was ...
Law Firm Kirkland Builds Leading M&A Practice On Big Hires, Deals
The $23 billion sale of ketchup maker H.J.Heinz Co to Berkshire Hathaway Inc and buyout firm 3G Capital, Avis Budget Group's takeover of Zipcar, and the $6.9 billion leveraged buyout of BMC Software ...
FBI Says More Cooperation With Banks Key To Probe Of Cyber Attacks
The FBI last month gave temporary security clearances to scores of U.S. bank executives to brief them on the investigation into the cyber attacks that have repeatedly disrupted online banking ...
Barclays Wins Dismissal Of U.S. Shareholder Lawsuit Over LIBOR
Barclays Plc, the first bank to settle with authorities over alleged manipulation of the Libor interest rate, on Monday won the dismissal of a U.S. lawsuit by shareholders who claimed they lost money ...