- Swiss Re restructures U.S. property/casualty markets
Swiss Re America Holding Corp. is restructuring its U.S. property/casualty markets and has named three people to oversee the markets following the departure of William E. Donnell last year.
- CNA expands executive ranks with former Chubb hires
CNA Financial Corp. said Monday it has added two senior executives to its commercial insurance operations.
- Argo Group names president of U.S. professional lines
Argo Group International Holdings Ltd. has named New York-based Craig Landi as president of Argo Pro U.S.
- Goldman Sachs to pay $5 billion in Justice Dept. mortgage bond pact
(Reuters) — Goldman Sachs Group Inc. has agreed to pay $5.06 billion to settle claims that it misled mortgage bond investors during the financial crisis, the U.S. Department of Justice said on Monday.
- Customized cyber coverage offered with $100 million in limits
SAN DIEGO – Beazley Group P.L.C. and a unit of Munich Reinsurance Co. Ltd. unit have partnered to provide insurance buyers with cyber limits up to $100 million.
- Bank-sanctioned mock robbery traumatizes teller
Somewhere John Dillinger is smiling.
- Generali offers global property protection suite
Assicurazioni Generali S.p.A. said on Monday that it has launched Tribune, a property insurance product for U.S. multinational corporations that provides comprehensive coverage solutions for their U.S. and overseas property exposures.
- Ironshore purchases remaining 80% stake in surety provider
Ironshore Inc. said it has reached an agreement to acquire the remaining 80% of Lexon Surety Group L.L.C. in an all-cash deal.
- Keeping a grip on cyber risk, regulation increasingly challenging
Risk executives say forecasting critical risks is becoming increasingly more difficult, according to a report by Marsh L.L.C. and the Risk & Insurance Management Society Inc.