Boardroom Agenda
U.S. Small Commercial Insurance Sector Ripe for Competition: McKinsey
U.S. property/casualty insurers salivating for a market growth opportunity appear to have a clear target in sight: the small commercial sector. It turns out that small commercial has enjoyed steady ...
Europe’s Insurers, Pension Funds Bet on Risky Property in Quest for Yield
Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in provincial Britain to car parks at Brussels airport, as ...
In Today’s Market, Specialty Insurers Rule: Conning
Specialty property/casualty insurers are now a dominant force in the market and generate more than half of the industry's premiums, Conning Inc. asserts in a new report. Two-thirds of individual ...
Liberty Mutual Ended 2015 Bruised by Catastrophe Losses
Liberty Mutual Insurance ended 2015 in the black, but higher losses from catastrophes and other hits hurt its performance during the year. Parent Liberty Mutual Holding Co. booked $411 million in net ...
Board Tech Inexperience Hampers Insurer IT Embrace: Novarica
Insurers speak loudly these days about embracing information technology as a tool to help grow their businesses. It turns out, however, that there is a disconnect: Their boards of directors are often ...
Executives On The Move at Chubb, American Modern, Zurich Insurance and More
Munich Re's American Modern Insurance Group is getting a new CEO. Chubb named new executives in its Asia Pacific region. Zurich Insurance has its latest chief underwriting officer for general ...
Ex-American Modern CEO Rios Will Lead South African Insurance Group
When Manny Rios left his job as CEO of Munich Re's American Modern in August 2015, his next steps were a mystery. Now we know: He's become the leader of a South African insurance group Telesure. The ...
XL Group Looking to Switch Corporate HQ from Ireland to Bermuda
XL Group's $4 billion merger with Catlin in 2015 has led the insurance and reinsurance giant to look at its second change of incorporation in six years. The Ireland based holding company for XL ...