U.S.
AmTrust Seeks to Boost Lloyd’s Presence With Latest Acquisition
AmTrust Financial Services said it has agreed to buy specialty insurance company ANV Holdings B.V. and its Lloyd's affiliates for $218.7 million in cash. The seller is the Ontario Teachers' Pension ...
Judge Clears PIMCO to Sue AIG Over Subprime Mortgage Losses
A federal judge on Monday cleared the way for Pacific Investment Management Co to pursue a California lawsuit accusing American International Group Inc of causing big losses by lying about its ...
Executives On The Move at The Hartford, Beazley and Liberty Mutual
The Hartford snared a former Zurich executive to help run its new, dedicated energy practice. Beazley brought on an ex-Gen Re senior vice president to lead new business and product development for ...
Federal Appeals Court Upholds NFL’s $765M Concussion Settlement
The National Football League's $765 million concussion settlement may not be perfect, but it's fair, a federal appeals court said. The decision sets in motion the resolution of thousands of lawsuits ...
XL Catlin Exec Joins UN Effort to Bring Insurance Concepts Into Global Disaster Planning
XL Catlin Executive Deputy Chairman Stephen Catlin is among the business and political leaders spearheading a global effort to make insurance more sustainable in the face of growing climate risks and ...
TigerRisk Partners Lures Swiss Re Exec to Help Further ILS Business
TigerRisk Partners is tapping a former Swiss Re executive to help shape and grow its insurance-linked securities business. Philipp Kusche has been appointed partner and global head of ILS and capital ...
Obama Administration Unveils New Offshore Oil Well Safety Rules
The Obama administration last Thursday unveiled new oil well control rules to prevent the kind of blowout that happened six years ago on a BP Plc rig in the Gulf of Mexico. The Interior Department's ...
Executives On The Move at XL Catlin, Hamilton and Ironshore
Hamilton Underwriting hired on a new head of professional indemnity. An Ironshore executive appointment will focus on complex risk exposures involving war and terrorism, and kidnap and ransom, and be ...