Reinsurance

A new report from S&P Global Ratings says reinsurance companies set up by hedge funds will continue to struggle.

Gen Re has reached an agreement with rival insurer TransRe to improve sales.

Following several years of quiet hurricane seasons, a new report by CoreLogic, a property information and analytics company based in Irvine, Calif., says that as many as 6.8 million homes along the Atlantic and Gulf coasts could be at risk for hurricane storm surges.

Colorado State University edged up its seasonal Atlantic hurricane forecast to 15, three more than in an average year.

AIG named Michael Lewis chief digital officer as the company turns to technology to simplify operations and gain an edge against smaller rivals.

Todays regulatory oversight of insurance still the purview of the states is designed to maintain a competitive balance in the industry.