Hedge Funds Overseeing Cat Bonds Try to Remain Calm Over Irma September 8, 2017 By Sonali Basak Greg Hagood didn’t have many details to work with on Thursday afternoon. Hurricane Irma wasn’t expected to make landfall in...
Swiss Re’s Eisele Joins Guy Carpenter as CEO of Pacific Region; Eider Joins Advisory Board September 8, 2017 Global reinsurance specialist Guy Carpenter & Co., a wholly-owned subsidiary of Marsh & McLennan Companies, has appointed Andre Eisele to...
Hurricane Irma Pummels Caribbean Islands; 14 Known Deaths September 7, 2017 By Delana Isles The eye of Hurricane Irma grazed the Turks and Caicos Islands on Thursday, rattling buildings after it smashed a string...
Sanlam Says South African Political Turmoil to Dampen Domestic Business Outlook September 7, 2017 By Renee Bonorchis Sanlam Ltd., the largest South African-based insurer, said prospects for its domestic business will remain muted for the rest of...
Arthur J. Gallagher Acquires Sweden’s Nordic Forsakring & Riskhantering September 7, 2017 Arthur J. Gallagher & Co. announced the acquisition of Nordic Försäkring & Riskhantering AB (Nordic), located in Gothenburg, Sweden. Terms...
Marsh Restructures Management in New Risk & Digital, Placement & Specialties Divisions September 7, 2017 Marsh announced a new global management structure, which includes new appointments to its executive management team and two new divisions....
Hurricane Irma Devastates Chain of Caribbean Islands, Now Setting Sights on Florida September 7, 2017 By Brian K. Sullivan Irma barreled toward Florida after battering Puerto Rico and devastating a chain of small Caribbean islands, as the Category 5...
UK to Alter ‘Ogden Rate’ Used to Calculate Personal Injury Payments September 7, 2017 Britain plans to alter the rate used to calculate upfront personal injury payments, the Ministry of Justice said on Thursday,...
Markel to Acquire UK Building Services Insurer EC Insurance Co. September 7, 2017 Markel International, the London-based specialist insurer and Markel Corp. subsidiary, plans to acquire the business of EC Insurance Co. Ltd....
Hurricane Irma Brings Fierce Winds, Surf and Rain to Caribbean Islands September 6, 2017 By Scott Malone Hurricane Irma, one of the most powerful Atlantic storms in a century, churned across northern Caribbean islands on Wednesday with...