U.S.
Executives On The Move at Hiscox USA, BHSI, Allied World and Novarica
Hiscox USA has a new head of claims; Berkshire Hathaway Specialty Insurance brought on a new exec for its Asia surety expansion; Novarica has a new vice president. Berkshire Hathaway Specialty ...
‘Monster’ El Nino Could Produce More and Stronger Events Over Next Decade
In Buffalo, it hasn't snowed yet this year. A Duluth, Minnesota, newspaper reported that the temperature was 40 degrees above zero, not below. And in Miami, beachgoers are staying indoors during ...
Cyber Insurance Underwriting Advances to its ‘Teen’ Years in Terms of Experience
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from ...
Allianz’s PIMCO Attracts Bernancke, Ex-British PM to Advisory Board
The bond investing firm Pacific Investment Management Co on Monday named two former central bank chiefs and a former British prime minister to sit on a new board to advise on economic, political and ...
U.S., Cuba Begin Hashing Out Billions in Claims Against Each Other
Cuban and U.S. officials on Tuesday will begin to untangle one of the most complex obstacles to normalization of relations between the two countries: the claims of Americans whose property was ...
U.S. D&O Coverage Declines by Double Digits in Q3
Pricing is plunging for U.S. based directors & officers liability insurance. Aon Risk Solutions' latest quarterly pricing index noted a double-digit decline. Fitch Ratings said that D&O ...
Karen Clark & Co. Releases New U.S. Earthquake Reference Model
Karen Clark & Co. (KCC) released a new U.S. Earthquake Reference Model as part of its RiskInsight open loss modeling platform. The model is based on the latest 2014 U.S. Geological Survey (USGS) ...
Former Catlin Exec to Lead Ironshore’s Europe Expansion
Ironshore is opening new offices in Germany, Switzerland and The Netherlands, with further expansion in Continental Europe expected down the line. What's more, the Bermuda-based specialty insurer ...