Content from L.S. Howard
Risk Appetite Statements Increasingly Shape Reinsurance Buying Decisions: Willis Re
The rising adoption of formal risk appetite statements is having a dramatic effect on reinsurance buying decisions, with purchasing power increasingly moving to the center, according to the findings ...
Zurich Insurance Paid Ex-CEO Martin Senn $6.3M in 2015
Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported. (The Swiss ...
Markel Strategy: Growing a Company ‘Built to Last’
Wall Street and financial analysts like to focus on next quarter's profits and losses. But such an approach is not always the best way to run a business for the long term, affirmed Richie Whitt, ...
Markel Proves That Co-CEOs Work Effectively Together
In an industry where large egos are generally the rule, rather than the exception, Markel Corp.'s leadership structure could be deemed a bit unusual—and, as a result, doesn't exist in many ...
Global Reinsurers’ Strong Capital Position Counteracts Competitive Pressures in 2016: S&P
Strength of capital and good enterprise risk management are two of the main reasons the global reinsurance industry will be able to maintain a stable outlook during 2016 from Standard & Poor's ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
Lloyd’s, London Market Face Huge Uncertainty if UK Leaves EU
A UK exit from the European Union will create a "rarely experienced" level of uncertainty for Lloyd's, the London market as well as the UK and other European economies, according to Sean McGovern, ...
Analysts’ Viewpoints: Conditions Are Difficult for Reinsurers—But It’s Not All Gloom and Doom
While the reinsurance industry continues to operate in an extremely challenging environment, rating agencies affirm that many companies have responded well over the past year by making defensive ...