Hartford CEO McGee’s Pay Up 58% to $17.7 Million As Stock Surges April 11, 2014 By Zachary Tracer Liam McGee, the chief executive officer of Hartford Financial Services Group Inc., had his compensation increase 58 percent last year...
Global Reinsurer Capital at All-Time High of $540 Billion: Aon Benfield April 11, 2014 The latest edition of the Aon Benfield Aggregate (ABA) report estimates that global reinsurer capital totaled $540 billion as of...
Aon’s New Political Risk Map Highlights ‘BRICS’ Increased Risks April 11, 2014 Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies...
Catlin Establishes General Aviation Consortium at Lloyd’s Asia April 11, 2014 By Charles E. Boyle The Catlin Group Limited (CGL) announced from its Singapore, office the formation of the General Aviation Consortium at Lloyd’s Asia...
UN Climate Report Seeks ‘Clear-Cut’ Economics to Guide Actions April 11, 2014 By Alister Doyle A U.N. report about ways to fix global warming due on Sunday is likely to disappoint investors seeking clear-cut economic...
Chile Quake, Tsunami Losses Unlikely to Affect Local Insurers’ Ratings: Fitch April 11, 2014 A bulletin from Fitch Ratings indicates that, based on preliminary analysis, Chile’s insurance industry solvency “will not be affected by...
Aon Accused by N.Y.-N.J. Port Authority of Unauthorized Commissions April 10, 2014 By Chris Dolmetsch and Martin Z. Braun Aon Plc was sued by the Port Authority of New York and New Jersey which claims the insurance broker kept...
Alabama Extends Statute of Limitations for Securities Fraud Cases April 10, 2014 By Phillip Rawls The director of the Alabama Securities Commission expects a new state law to make it easier to prosecute securities fraud...
45 Years Later, Hurricane Camille Downgraded April 10, 2014 The National Hurricane Center has downgraded Hurricane Camille’s strength at its catastrophic landfall in 1969. The Category 5 hurricane came...
Sebelius Resigning as Obama Health Chief April 10, 2014 By Roberta Rampton U.S. Health and Human Services Secretary Kathleen Sebelius is resigning after overseeing the botched rollout of President Barack Obama’s signature...