Reinsurance Alternative Capital Now 20% of Cat Market: Aon Benfield ILS Report September 11, 2014 Alternative capital has captured approximately a 20 percent market share of property catastrophe reinsurance volume. That news came our of...
Havoc in Pacific amid Atlantic Calm Points to Tale of Two Oceans September 11, 2014 By Brian K. Sullivan For all the Atlantic Ocean’s composure this hurricane season, the eastern Pacific is turbulent after already producing its 15th storm....
Baloise Shopping for Insurers at Home and Abroad in Europe September 11, 2014 By Carolyn Bandel and Jan Schwalbe Martin Strobel, CEO of Baloise Holding AG, said the insurance company may consider buying firms in Switzerland, Germany, Belgium and...
Wright Specialty Promotes Beer to President, Profit Center Leader in N.Y. September 10, 2014 Wright Specialty Insurance in Uniondale, New York, has promoted Kevin C. Beer to president and profit center leader from senior...
NYPD: Terror Threat More Complex Than Ever September 10, 2014 By Colleen Long Air strikes in Iraq, ongoing unrest in Syria and the beheadings of two American journalists are casting a long shadow...
Champion Risk Taps Crawford in California September 10, 2014 San Diego, Calif.-based Champion Risk & Insurance Services L.P. announced that Marc Crawford has joined the firm as a producer....
Burns & Wilcox Brokerage Opens Atlanta Office, Hires 3 Brokers September 10, 2014 Burns & Wilcox Brokerage has opened an office in Atlanta and hired three specialty property brokers for the new location....
Ion Insurance Acquires Drescher Agency in Connecticut September 10, 2014 Ion Insurance Corp., an agency based in Naugatuck, Connecticut, recently announced it has signed a definitive agreement to acquire Drescher...
Alcoa, Others, Moving Some Retirees to Exchanges for Health Insurance September 10, 2014 By Alex Nixon, Pittsburgh Tribune-Review Alcoa Inc. is sending its white-collar retirees to a private exchange to shop for health insurance as the aluminum maker...
Rhode Island’s Starkweather & Shepley Announces Promotions September 10, 2014 Starkweather & Shepley Insurance Brokerage Inc. in East Providence, Rhode Island, recently announced the following promotions. David B. Soforenko has...