U.S.
Executives On The Move at Everest Re, AXIS, RLI and Assurant
A former AIG executive joined Everest Re Group's board of directors. Another AIG veteran took on an executive role at AXIS Insurance. RLI announced a promotion. Assurant hired on a new executive to ...
Two Big Data Companies Merge to Expand Crime-Avoidance Technology
Two companies in the big data realm are planning to merge in a move that will help expand the use of risk-reduction technology that helps users safely navigate high-crime areas. Helios and Matheson ...
Colin Moves to East Coast as Pacific Tropical Storm Depression Gains Strength
Tropical Storm Colin moved out to sea early Tuesday after knocking out power to thousands, prompting Florida Governor Rick Scott to declare a state of emergency. The threat of a storm surge flooding ...
Tropical Storm Colin Hits Florida, Threatens Flooding Across U.S. Southeast
Tropical Storm Colin was moving across northern Florida early Tuesday as it knocked out power to thousands, prompted Governor Rick Scott to declare a state of emergency and threatened flooding across ...
AIG Exec’s 62 Years at the Global Insurer Not Likely in the Future
A veteran AIG employee retired recently, after a stunning 62 years with the insurance giant. But as the Wall Street Journal points out in its coverage of this milestone, spending your entire career ...
The Latest Launches from Swiss Re, Aon Benfield and XL Catlin
XL Catlin and A.J. Gallagher are now marketing lifestyle insurance coverage for New York City art collectors. Swiss Re expanded its cyber risk offerings in the U.M. Impact Forecasting debuted a new ...
Reinsurance Demand Spike Likely with Solvency II: Fitch Ratings
Solvency II will increase insurers' demand for reinsurance products as they seek to strengthen their capital positions via risk transfer, according to a report published by Fitch Ratings. Reinsurance ...
Proposed Capital Rules Would Reflect AIG, Prudential’s Insurance Identities
American International Group Inc. and Prudential Financial Inc.'s new capital rules should reflect the insurance business's differences from Wall Street banking, the Federal Reserve said in a ...