ACE Ltd.

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  Obama Administration Threatens Farm Bill Veto

  By Arthur D. Postal, PropertyCasualty360.com  |  June 18, 2013

  The Obama administration has cited increases in crop insurance subsidies as one of the reasons it has threatened to veto the “Farm Bill.”

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  Axis Founder Charman Named Endurance CEO; Waives Conventional Pay

  By Chad Hemenway, PropertyCasualty360.com  |  May 29, 2013

  Endurance Specialty Holdings has tapped former Axis Capital founder John R. Charman as its chairman and CEO, effective immediately.

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  House, Senate Propose Generous Farm Bills

  By Arthur D. Postal, PropertyCasualty360.com  |  May 14, 2013

  Crop insurance coverage appears likely to be expanded as House and Senate committees again take up providing 5-year reauthorization of farm programs.

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  Bill Introduced to Extend TRIA for 10 Years

  By Elizabeth D. Festa, PropertyCasualty360.com  |  May 10, 2013

  Legislation to extend the Terrorism Risk Insurance Act for a decade has been introduced in the House.

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  As Federal Crop Insurance Costs Rise, Report Questions Effectiveness

  By Arthur D. Postal, PropertyCasualty360.com  |  May 2, 2013

  A new report takes issue with the current structure of the federal crop insurance program, arguing that in many cases it allows growers to make more money from insurance payouts than they would from a healthy harvest.

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  Ace’s Greenberg: TRIA Renewal a ‘No-Brainer’

  By Mark E. Ruquet, PropertyCasualty360.com  |  April 23, 2013

  Ace Ltd. CEO Evan G. Greenberg says there would be little to no terrorism insurance in the market without TRIA.

• KBW First-Quarter Preview Company-by-Company

  By Phil Gusman, PropertyCasualty360.com  |  April 15, 2013

  Analysts at investment banking firm Keefe, Bruyette & Woods recently released their Q1 earnings preview for the P&C industry. Here's an overview of some of the insurance companies they follow.

• Ceres: Insurers Acknowledge Climate Change, but Are Not Prepared for Threats

  By Anya Khalamayzer, PropertyCasualty360  |  March 29, 2013

  Insurers across all sectors are acknowledging the impact of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

• Ceres: Insurers Acknowledge Climate Change, but Are Not Prepared for Threats

  By Anya Khalamayzer, PropertyCasualty360  |  March 11, 2013

  Insurers across all sectors are acknowledging the impacts of climate change on their business, but they are failing to engage in discussions about how to stay ahead of the potential threats, a new preparedness study says.

• Starr Enters U.S. Crop-Insurance Market

  By Arthur D. Postal, PropertyCasualty360.com  |  March 8, 2013

  Starr Indemnity & Liability Co., a unit of Starr International, is entering the crop-insurance market, following its approval as a provider in the federal multi-peril crop-insurance program for 2013.

• Bills Seek Rollback in Crop-Insurance Subsidies

  By Arthur D. Postal, PropertyCasualty360.com  |  March 7, 2013

  Legislation has been introduced in both the House and Senate that would slash crop-insurance subsidies to pre-2001 levels.

• Starr Enters U.S. Crop-Insurance Market

  By Arthur D. Postal, PropertyCasualty360.com  |  February 14, 2013

  Starr becomes the second recent entrant into the crop-insurance market after years of consolidation.

• ACE Q4 Net Income Up, but Operating Profit Falls on Sandy Losses

  By Ashutosh Pandey, Reuters  |  January 30, 2013

  Insurer ACE Ltd reported a 24 percent fall in quarterly operating profit, hurt by losses related to superstorm Sandy, and forecast a full-year profit below analysts' estimates.

• Ace Back to Q3 Profit in Face of $97m Crop Loss

  By Chad Hemenway, PropertyCasualty360.com  |  October 24, 2012

  Ace Ltd. says it reversed a third-quarter loss a year ago by turning a profit of $640 million during the same period this year, despite booking a $97 million after-tax loss in its crop insurance segment.

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  Duperreault to Retire from Marsh & McLennan

  By Mark E. Ruquet, PropertyCasualty360.com  |  September 21, 2012

  Marsh & McLennan Companies, Inc. announced late yesterday that Brian Duperreault, the company’s president and chief executive officer will retire at the end of this year.

• Ace CEO Outlines Drought Impact on Q3 Crop Business

  By Mark E. Ruquet  |  August 6, 2012

  The worst drought faced by the United States in decades is expected to cause as much as $68 million in third-quarter Crop Insurance losses for Ace Ltd., says the company’s chief executive.