U.S.
Standard & Poor’s: U.S. Insurers Responding Cautiously to Soaring Cyber Coverage Demand
Standard & Poor's predicts a major jump in demand for cyber insurance in the coming years, with interest initially outstripping supply. U.S. insurers will respond gradually, however, entering the ...
Third Point Re CEO Berger Warns New Reinsurers Will Be ‘Increasingly Difficult’ to Form
Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, said the company is positioned to withstand competition from other investment firms because the industry isn't as easy to ...
AIG Narrows Focus With Deal to Sell Taiwan Consumer Insurer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, agreed to sell a consumer operation in Taiwan as Chief Executive Officer Peter Hancock narrows the company's ...
Zurich to Establish U.S. Apprenticeship Program With an Eye on Younger Talent
Zurich Insurance Group plans to launch a U.S.-based apprenticeship program in a bid to identify new blood for the industry and develop their skills. Plans call for launching the program in 2016, with ...
Tokio Marine’s $7.5B Grab For HCC Keeps Its Global Growth Engine Running
Tokio Marine Holdings' planned $7.5 billion acquisition of HCC Insurance Holdings announced June 10 is all about keeping global growth and diversification growing, and making that happen by snatching ...
Brindle’s Fidelis Insurance Holdings Debuts With $1.5B in Equity Raised
Fledgling Bermuda-based insurer and reinsurer Fidelis Insurance Holdings Ltd. raised a massive $1.5 billion in equity capital, a major accomplishment for the industry. What's more, Fidelis ...
Tokio Marine Broadens Diversification with $7.5B Purchase of HCC Insurance
Tokio Marine Holdings Inc said on Wednesday it had agreed to buy U.S. specialty insurer HCC Insurance Holdings Inc for $7.5 billion, in what would be the biggest M&A deal this year by a Japanese ...
Executives On The Move at Beazley, Berkley and More
RSA, Beazley, W.R. Berkley and JLT Re have recently put in place a number of executive promotions meant to facilitate expansion and growth. Here they are: *** RSA said it is promoting Suzy Tiffany to ...