U.S.
W.R. Berkley’s CEO: M&A Trend Mostly Driven by ‘Management Ego’
W.R. Berkley Corp.'s outspoken chairman and CEO slammed the surge of M&A activity hitting the property/casualty industry in recent months as something driven more by "management ego" than true ...
Google, Amazon, 12 Others Working on Drone-Traffic Control Solution
Google Inc., the company that brought order to the Internet, has set its sights on doing the same for the flocks of commercial drones expected to someday clog the skies. The search-engine pioneer is ...
AIG Hires New Chief Investment Officer and Buys His Firm
American International Group hired on a veteran of JPMorgan Chase and Zurich Capital Markets as its new chief investment officer. Douglas Dachille's full title will actually be executive vice ...
Zurich Insurance Confirms Possible Bid For Rival RSA
Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of ...
ACE Unveils Post-Chubb Merger North American Management Team
ACE may have announced plans to acquire Chubb for $28 billion only a few weeks ago, but it has already designated a post-merger leadership team for the North American Insurance operations of the ...
Most Western, Middle East Insurers See Iran As Attractive Market
Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be ...
McGraw Hill to Grab Insurance Data Outfit SNL Financial For $2.23B
McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking ...
Employers Bracing for Discrimination Suits: Littler Mendelson Study
Your company is bracing itself for lawsuits. Yours included. U.S. employers are anticipating a rise in workplace discrimination claims based on their own hiring policies, a survey released last week ...