Ace Ltd. Chief Executive Officer Evan Greenberg, who agreed this month to buy Chubb Corp., said integration talks went well with management at the target company, at least after drinks were served.

A shutdown of the New York Stock Exchange on the same day that a network failure halted all United Airlines flights in the U.S. had people across the country thinking one thing: cyber-attack.

PartnerRe Ltd., the reinsurer that agreed to merge with Axis Capital Holdings Ltd., said it will enter negotiations with hostile bidder Exor SpA after the Italian companys latest cash offer for more than $6.7 billion.

Jay Fishman said hes open to more deals, yet decided not to buy Chubb, which agreed to be purchased by Ace.

Hartford Financial Services Group Inc., the insurer that has been selling life units to focus on property-casualty coverage, hired Morris Tooker as chief underwriting officer for P&C operations.

Axis agreed to a 52% increase in the size of the dividend that PartnerRe shareholders would get before their planned merger, seeking to fend off a hostile bid from Exor.

Chris Fischer Hirs, the head of Allianz SEs specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat.

PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from Exor SpA, is weighing whether it can arrange new terms with rival reinsurer Axis Capital Holdings Ltd. to preserve their planned merger.