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...
The Hartford Profit Up 32% in Q3 October 29, 2014 The Hartford reported third quarter 2014 net income totaled $388 million, up 32 percent from $293 million in third quarter...
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...
Lloyd’s, Specialty Insurance Advisors Offer Ebola Coverage for First Responders October 29, 2014 Lloyd’s of London is offering Ebola coverage for first responders through its U.S. distributor, Specialty Insurance Advisors, as an added...
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...
Marsh Previews Risk Management-Analytics Software October 29, 2014 STARS, a business unit of Marsh that provides risk, safety, and claims management software, analytics and services, previewed STARS |...
Aon: Planning, Communications Will Keep Real Risk of Ebola in Perspective October 29, 2014 With concerns growing in the U.S. over Ebola exposure — New York City confirmed its first case of Ebola Thursday,...
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...
Ex-CEO Benmosche Writing Book on Turnaround at AIG October 28, 2014 By Zachary Tracer Robert Benmosche is working on a book about turning around American International Group Inc. Benmosche’s memoir focuses on the five...
Obama Reportedly Searching for New Auto Safety Chief October 28, 2014 The acting chief of the NHTSA, the top U.S. automotive safety regulator, is unlikely to be nominated for the job...