Bermuda-headquartered Aspen Insurance Holdings Limited reported net income after tax of $67.2 million, or $0.90 diluted net income per share, for the fourth quarter of 2014. This compares to net income after tax of $90.0 million, or $1.21 diluted net …
Several U.S. states are investigating a massive cyber attack on No. 2 U.S. health insurer Anthem Inc that a person familiar with the matter said is being examined for possible ties to China. Anthem disclosed the attack late Wednesday, saying …
The Northeast U.S., including New York and Massachusetts, sustained at least $500 million in economic losses last month when a winter storm ripped through the region, Aon Plc said. The blizzard from Jan. 26 to 28 killed at least two …
A pirate attack that killed a supertanker crewman off the coast of Nigeria this week has highlighted a growing threat off oil-rich West Africa, as vessels carrying millions of barrels of crude traverse a region that has become known as …
It will be a month on Saturday since the murderous attacks on the offices of the French satirical magazine Charlie Hebdo and the kosher supermarket in Paris took place. These were not the first such attacks by fanatics on western …
Pioneer Underwriters* announced the launch of a new EU regulatory compliant product for alternative investment fund managers (AIFMs). This specialist product is aimed at AIFMs domiciled outside of the EU, which in addition to providing traditional financial lines cover, also …
Beazley plc is targeting 5 percent growth for 2015 as the insurer looks to its U.S. unit to help offset falling prices for coverage at its Lloyd’s of London business. Beazley, the first of its peers to report results, forecasts …
Europe’s 20 largest cedants are benefiting from lower reinsurance rates and stronger bargaining power, resulting from a trend that saw increasing centralized reinsurance purchasing at a group level. A new report from A.M. Beststates that reinsurance rates in Europe remain …
The latest edition of Impact Forecasting, Aon Benfield’s catastrophe model development team’s, Global Catastrophe Recap report, evaluates the impact of the natural disaster events that occurred worldwide during January 2015. The report notes that several regions of Western Europe were …
The former owner of a chemical company that fouled drinking water used by hundreds of thousands of West Virginia residents wants his trial delayed. Attorneys for Charles Herzing cite the heft of documents they must review and a scheduled New …
