When large deals fail, heads often roll. In the case of Prudential Plc’s failed attempt to buy American International Group Inc.’s Asian life insurance unit for $35.5 billion, the British insurer’s management has more to worry about than AIG’s. Prudential …
Reinsurers have bumped up prices for offshore energy-related insurance premiums by 50 percent following insurance industry losses of up to $3.5 billion from the BP plc oil spill in the Gulf of Mexico, Moody’s Investor Service said in a report …
San Francisco-based Genstar Capital, LLC, a middle market private equity firm, announced the acquisition of Granite Global Solutions, a Canadian provider of risk mitigation services to insurance and corporate clients. Genstar focuses on investments in selected segments of the life …
In conjunction with the release of the latest version of its “Terrorism Threat Map,” Aon’s Crisis Management division analyzes the current state of the ongoing efforts to combat terrorist activities. The analysis differs from Guy Carpenter’s report on the same …
Guy Carpenter, Marsh’s reinsurance brokerage and risk assessment division, has published “Terrorism: Reinsurers Standing By.” It concludes that “insurers and reinsurers have become increasingly sophisticated in their use of expert advice to monitor the political climate and dynamic nature of …
Torus, the global specialty insurer, announced the appointment of Mathieu Borneuf as Head of Management Liability and Jérôme Gillet as Head of Professional Liability. Both men are based in Torus’ new Paris office and will manage their respective product lines …
Walnut Creek, Calif.-based CSE Insurance Group has announced the winners of its 2010 Youth Scholarship Contest. With a total value of $12,000, prizes were won by those high school students who submitted the best essays on the subject of how …
California lawmakers are bringing a version of health care reform to your pets. A bill that passed this week in the state Assembly would require greater disclosure from health insurance companies that cover animals. The bill by Democratic Assemblyman Dave …
San Diego, CA, 06/03/2010 – ARROWHEAD General Insurance Agency, Inc., a leading provider of top rated insurance programs, is pleased to announce it was a recipient of an Early Adopter ACORD Award. Presenting the award was the Association for Cooperative …
Lexington Insurance Co., a Chartis company, has introduced a self storage facilities program, which provides tailored property and liability coverage for owners of self storage facilities. Lexington is working with All Risks, Ltd.’s National Specialty Programs unit to serve this …
