Reinsurance Cycle Is Not Dead Yet so Buyers Need to Put It to Good Use: JLT Re July 27, 2016 By L.S. Howard Despite proclamations by some observers that the reinsurance cycle is dead, JLT Re says, reports of its demise are greatly...
XL Group Completes Relocation of Domicile to Bermuda July 27, 2016 XL Group Ltd. announced it has completed its redomestication to change the place of incorporation of the ultimate parent holding...
Correction: Catalina to Buy Hartford Financial Products International & Downlands Liability Management July 27, 2016 (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy...
Growth of China’s Shadow Banking Hikes Financial Risks for Banks, Insurers: Moody’s July 27, 2016 Shadow banking activity in China has expanded further and now accounts for nearly a third of the total banking sector...
Catalina to Buy Hartford Financial Products International & Downlands Liability Management July 26, 2016 (Editor’s Note: The original version of this article published yesterday, July 26, omitted “International” from the headline “Catalina to Buy...
Everest Re Group Reports Q2 Net Income of $155.7M vs. $209.1M in Q2 2015 July 26, 2016 Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share,...
Pen Underwriting Names Scott as Head of Cyber Liability, Driving Cyber Growth July 26, 2016 Pen Underwriting announced that Adrian Scott has been appointed to the newly created role of head of Cyber Liability. Scott...
Ship Hits Wall of Newly Expanded Panama Canal in 3rd Incident in a Month July 26, 2016 By Liz Hampton and Marianna Parraga A Chinese container ship hit a wall of the new lane of the Panama Canal, a Canal Authority official and...
AIR Worldwide Expands Global Pandemic Model to Include 6 Additional Diseases July 26, 2016 Boston-based catastrophe risk modeling firm AIR Worldwide (AIR) announced it has expanded its Global Pandemic Model to include outbreaks of...
Amazon and UK Government Form Partnership to Test Drone Deliveries July 26, 2016 By Gwen Ackerman Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system...