U.S.
Berkshire Hathaway’s Jain Chooses ‘Zero Maintenance’ Executive to Lead Gen Re
General Reinsurance Group is getting a new CEO: Berkshire Hathaway reinsurance senior executive Kara Raiguel, who is described by her boss as a "secret weapon," "zero maintenance," and a "true ...
Training and Better Pay Help Counter Cyber Risks: Willis Towers Watson
Companies that deal with data breaches or cyber attacks have employees who see the corporate culture lacking in key areas, Willis Towers Watson asserts in a new analysis. It is not a new thing to ...
Texas Hailstorms Fueled Allstate’s $633M Pre-Tax April Catastrophe Losses
Allstate reported $633 million in estimated pre-tax catastrophe losses for April, more than half of which came from three days of severe hailstorms in Texas. After taxes, the number comes in at $411 ...
U.S. Cyber Officials Doubt Govt. Can Detect Cyber Attack in Progress
A majority of senior federal cyber officials responding to a survey said they don't think the U.S. government can detect cyber attacks while they're under way. Cyber security officials from the ...
Radian CEO Ibrahim to Retire After Leading Mortgage Insurer Since 2005
Radian Group Inc., the second-largest U.S. mortgage insurer, said Chief Executive Officer S.A. Ibrahim will step down at the end of next year after steering the company through the financial crisis ...
RMS: $77B of San Francisco Property at Risk From Sea-Level Rise by 2100
By the year 2100, up to $77 billion of property in San Francisco will be at risk from sea-level rise, according to an analysis from global catastrophe risk management firm RMS. The analysis found ...
Egan Cuts Ties with Reinsurance Venture Partner Oaktree Capital
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar ...
Aspen Designates New Insurance, Reinsurance CEOs as Vitale Discloses Retirement
Bermuda-based Aspen Insurance Holdings Ltd. is naming new leaders for its insurance and reinsurance segments after one executive retired and the other got a promotion. The executive changes come as ...