Brand Management & Sales
60% of Customers Who Leave Independent Agents Eventually Return: Survey
Many customers who are lured away from independent agents by direct insurers promising lower prices will ultimately return to an independent agent. According to a recent study commissioned by The ...
Nigeria Taking Steps to Become Islamic Finance Center
Nigeria is gradually opening up to Islamic finance, a move that could bring non-interest banking to over 80 million Muslims and develop one of Africa's fastest-growing consumer and corporate banking ...
Four Distribution Steps For Successful Global Growth
Growth opportunities for insurers in developed markets are running out of runway and require increased efforts. Even though there is slow growth in some areas, regions such as China, India and Brazil ...
Third Point Reinsurance Plans to Raise Up to $322.2M in IPO
Third Point Reinsurance Ltd., which counts hedge-fund manager Daniel Loeb as a founding shareholder, said it plans to raise as much as $322.2 million in an initial public offering. The company, ...
Berkshire Hathaway Reinsurance for Ireland’s Health Claims May Save Taxpayers
Warren Buffett's Berkshire Hathaway Inc. will reinsure about 700 million euros ($923 million) in claims for Ireland's state health insurer, which is seeking to stem losses and its burden on taxpayers ...
ACE CEO Greenberg Cautions on Wall Street Draining Reinsurance Pond
ACE Limited Chief Executive Officer Evan Greenberg said the influx of Wall Street capital into the reinsurance industry is pressuring rates and that he is prepared to cut sales of backstop coverage. ...
ACE Promotes Talbott to President of North American Property, Specialty Lines
The ACE Group promoted Derek Talbott to division president, North America Property & Specialty Lines. Talbott succeeds Paul McNamee, who has been named deputy president of ACE's Asia Pacific ...
ACE CEO Greenberg Looks to Mexico to Grow as Brazil Slows
Evan Greenberg, the chief executive officer of Ace Ltd., said the insurer is looking beyond Latin America's largest economy as he seeks growth in the region. "It's obviously slowed down a lot in ...