Hedge Funds Move Into Catastrophe Reinsurance October 29, 2014 By Carolyn Cohn Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but...
Audi Cars in China Recalled Over Airbags From German Supplier October 29, 2014 FAW-Volkswagen Automobile Ltd, a Chinese joint venture of Volkswagen AG, will recall 270,635 Audi cars in China due to an...
Pirate Attacks on Small Oil Tankers Rising in Southeast Asia Waters October 29, 2014 By Winnie Zhu Hijackings of small oil tankers by armed gangs are increasing in Southeast Asia, home to the shortest sea-trade route between...
China Insurers Face Shadow Banking Default Risk: Ratings Agencies October 29, 2014 By Justina Lee A doubling in the trust holdings of China’s insurers has prompted ratings companies to warn the industry may be taking...
Ping An Profit Rises, Along With Investment Returns October 28, 2014 Ping An Insurance (Group) Co., China’s second-largest insurer, said profit rose in the third quarter as banking revenue expanded and...
XL Group’s Operating Net Income Increases During Q3 October 28, 2014 XL Group plc, headquartered in Dublin, reported operating net income of $187.1 million, or $0.70 per share, for the third...
Montpelier Reports Third Quarter Financial Results October 28, 2014 Montpelier Re Holdings Ltd., the Bermuda-based provider of short-tail reinsurance and other specialty lines, reported operating income for the third...
Ryan Specialty Hires McKenna in London for MGA Strategy October 28, 2014 Ryan Specialty Group (RSG), the specialty insurance services business based in Chicago, has hired Peter McKenna in a new senior...
Aon, in Partnership with Hiscox, Offers Ebola Liability Cover October 28, 2014 Aon has launched an Ebola response product available to all health care institutions and features worldwide coverage on cases brought...
Aon Hotline Supports Clients Affected by Recall or Contamination Crisis October 28, 2014 Aon Risk Solutions and the Aon WorldAware Operations Center have together launched the Aon Re-Call Crisis Center, a new feature...