West Virginia Chemical Spill Firm Says It Has Insurance January 23, 2014 By Jonathan Matisse The embattled company behind West Virginia’s chemical spill has reached a bankruptcy court deal for up to $4 million in...
Ford Teams with MIT, Stanford to Research Autonomous Vehicles January 23, 2014 By Elvina Nawaguna Ford Motor Co. said on Wednesday it is joining with two top U.S. universities to launch research into automated driving...
Regulators Reviewing Berkshire Hathaway for Systemic Risk January 23, 2014 By Ian Katz, Noah Buhayar and Zachary Tracer Regulators are starting to scrutinize Warren Buffett’s Berkshire Hathaway Inc. to determine whether it is important enough to the financial...
S&P Reinsurer Ratings Downgrades ‘Very Controversial’ – Litmus Analysis January 23, 2014 London-based Litmus Analysis has commented on the announcement from S&P that for the first time since 2006 it expects a...
Aon Benfield Securities Completes Europe Windstorm Cat Bond Windmill I Re January 23, 2014 Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced the successful completion...
Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform January 23, 2014 Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first...
Aviva CFO Regan Resigns after Four Years to Join QBE January 23, 2014 By Gavin Finch Aviva plc, the U.K.’s second-biggest insurer by market value, said Chief Financial Officer Pat Regan resigned to take up a...
IAG Updates FY14 Guidance: GWP Down, Margins Up January 23, 2014 Insurance Australia Group Limited (IAG) announced an update to its guidance for the financial year ending 30 June 2014 (FY14)...
Generali Will Sell BSI Group ‘for Sure,’ CEO Greco Says January 23, 2014 By Sonia Sirletti Assicurazioni Generali SpA, Europe’s third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to...
Reinsurance at Crossroads As New Factors Sweep Away Old Habits January 23, 2014 By Charles E. Boyle Part I – The Market in the Developed Economies A significant number of reinsurance treaties were renewed this month, heavily...