Cyber Experts Uncover 2 Million Stolen Passwords to Global Web Accounts December 5, 2013 Security experts have uncovered a trove of some 2 million stolen passwords to websites including Facebook, Google, Twitter and Yahoo...
Zurich Insurance Lowers Profit Target; Signals Business Sale December 5, 2013 By Carolyn Bandel Zurich Insurance Group AG, Switzerland’s largest insurer, lowered its profit goal as Chief Executive Officer Martin Senn signaled he’s ready...
Aon Ex-Executive Chilton Joins Gallagher in Reinsurance Venture December 5, 2013 By Noah Buhayar Grahame Chilton, who helped build Benfield Group Ltd. before selling it to Aon Plc in 2008, has formed a partnership...
U.K. Insurers to Invest $41 Billion in Infrastructure December 4, 2013 By Sarah Jones and Svenja O'Donnell The U.K.’s largest insurance companies will invest £25 billion ($41 billion) in infrastructure, as the government prepares to update its...
Axa Germany Sees Higher Profit; Plans New Life Insurance Product December 4, 2013 By Oliver Suess Axa Konzern AG, the German unit of Paris-based Axa SA, plans to increase operating profit this year as it reduces...
Argo Group Makes International Management Appointments December 4, 2013 The Bermuda-based Argo Group International Holdings, Ltd. announced the appointment of Glenn Burles as senior executive officer of Argo Re...
Willis Places Innovative Australian Weather Transaction for Roy Hill December 3, 2013 Willis Group Holdings announced the placement of “an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd,...
Catlin Sponsors Antarctic Trek by Wounded UK Military Veterans December 3, 2013 A group of wounded servicemen and women who have begun an unprecedented expedition across Antarctica will be protected by insurance...
Aon Benfield’s Impact Forecasting Launches Netherlands Flood Model December 3, 2013 Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has announced the launch of the “first probabilistic...
France to Allow Private Security on Shipping Fleet December 3, 2013 France will allow private security forces to protect its shipping fleet against the threat of piracy, Prime Minister Jean-Marc Ayrault...