U.S.
Facultative Reinsurance Spending Down: Faber Global
Several large UK cedants are reducing their spending on facultative reinsurance, according to the view taken by Vanessa Macdonald-Smith, team leader at facultative reinsurance broker, Faber Global, a ...
Vote on Systemically Risky U.S. Non-Banks Expected
U.S. regulators plan to vote next week on whether to label some non-bank companies a potential risk to the financial system, a move that would put them under heightened Federal Reserve supervision, ...
European vs. U.S. Hurricane Models: Which Is Better?
When forecasters from the National Weather Service track a hurricane, they use models from several different supercomputers located around the world to create their predictions. Some of those models ...
EQECAT To Share Exposure Data Standard With RMS
Catastrophe modeling firm EQECAT announced that it has finalized an agreement to share exposure data schemas with another major catastrophe-modeling firm, Risk Management Solutions (RMS). The ...AIG Says China Group’s Deposit Not Received in Deal to Sell Plane-Leasing Unit
American International Group Inc. said it hasn't received a deposit that was called for under the deal to sell its plane-leasing unit to a Chinese investor group, presenting another challenge to ...
Rathgeber In, Kitzman Out as Texas Insurance Commissioner
On the same day that Eleanor Kitzman exited her post as state insurance commissioner, Texas Gov. Rick Perry appointed Julia Rathgeber of Austin to take over leadership at the Texas Department of ...
Ensuring Productivity of Aging Workers
New efforts to integrate health protection and health promotion programs in the workplace are needed soon if the nation's aging workforce is to remain competitive and productive, according to ...AIG Drops Securities Complaint Against Federal Reserve of New York
American International Group Inc. has agreed to end litigation against the Federal Reserve Bank of New York over whether the insurer retained the right after its 2008 taxpayer-funded bailout to sue ...