Swiss Re AG has held discussions with Chinese authorities about an investment in embattled insurer Anbang Insurance Group Co., people with knowledge of the matter said.
Swiss Re is among parties that...
J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. and Jim Hays, on behalf of Hays Companies, today announced that Brown & Brown, Inc. has entered into an agreement to acquire the...
A new Labor Department rule would make it easier for small businesses to offer 401(k) plans, part of an effort to close a retirement-plan coverage gap that affects millions of employees.
The proposed...
Microsoft Corp. has helped develop a way to protect corporate buyers of clean power from electricity prices that go up and down with the weather.
The company is using a risk-management tool called a...
Catastrophe risk modeling firm AIR Worldwide today announced it has developed a probabilistic model for cyber risk capable of accounting for security breach and cloud service provider downtime incidents...
Everest Re Group, Ltd. announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2018 of $240 million, net of reinsurance. The estimate includes third quarter 2018 losses from...
The Philadelphia Chapter of the Insurance Industry Charitable Foundation (IICF)’s Northeast Division held a trivia night event for charity on Oct. 10, 2018 at Punch Line Philly. The organization raised $...
The recent growth in the use of insurance for M&A deals has created greater opportunity and cost savings for all stakeholders. According to Aon’s global M&A Risk in Review report released today by...
Insurer American International Group said on Thursday it expects third-quarter pre-tax catastrophe losses, net of reinsurance, of between $1.5 billion and $1.7 billion.
"These losses are largely...
