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Fosun International, the Chinese conglomerate thats been buying insurers and property overseas, plans to raise $1 billion partly to fund acquisitions in the insurance industry.

Fosun International is planning a $1.84 billion merger with Ironshore after buying the shares it doesnt already own in the Bermuda-based insurer.

Willis promoted Rafal Walkiewicz and Michael Guo to lead the investment-banking operation, and is focusing on Asia in advising insurance takeovers.

Yacht owners face unique perils, including thorny risks associated with the fast growing trend of fractional ownership.

Yacht owners face unique perils, including thorny risks associated with the fast growing trend of fractional ownership.

An uptick in watercraft sales yields opportunity for agents and brokers looking to help boat and yacht owners navigate some risky waters.

An uptick in watercraft sales yields opportunity for agents and brokers looking to help boat and yacht owners navigate some risky waters.

The Colorado State University meteorology team predicted a below-average Atlantic hurricane season for 2014, and they were right!