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ALI Restatement Brings Change and Uncertainty for Carriers
The American Law Institute (ALI) is the preeminent independent legal organization in the United States producing scholarly work in the legal field, including the Restatements of Law. The ALI entered ...
Prejudice and Pride on the Road to the C-Suite: The Story of XL Catlin’s CDO
Math has been the one constant in Henna Karna's life. The chief data officer of XL Catlin today heads up the data and digital transformation team at the global property/casualty insurer and ...
PartnerRe Celebrates Its First 25 Years—When Everything and Nothing Has Changed
During PartnerRe's first 25 years as a reinsurer, everything has changed and nothing has changed. From its roots as a pure catastrophe player, PartnerRe has dramatically evolved—or ...
A CEO Needs to Be Authentic, Optimistic and Resilient: PartnerRe’s Clarke
When PartnerRe acquired SAFR in 1997, it expanded its scope of business, moving quickly from being a monoline catastrophe reinsurer to a multiline company. Along with that purchase came PartnerRe's ...
‘He’s Gaining on Us?’ An ‘Inconceivable’ Quarter of InsurTech Carrier Financials
As we worked on pulling together this third installment of our review of U.S. InsurTech startup financials, we were reminded of the scene from "The Princess Bride" in which a masked man in black ...
Congratulations! You’re Innovating In A Highly Regulated Industry
What's in a name? A recent startup proclaims: "[Company name] Insurance is a [line of business] insurance company that provides [line of business] coverage to small businesses through a simple online ...
Second-Quarter 2018 Financial Details for Lemonade, Root and Metromile
Does Lemonade have shlimazels for customers? Is slower second-quarter growth at Root an indicator that the carrier is deliberately focusing on profitability? Do Ajit Jain and Rob Berkley know ...
Berkley Stresses Consistent Values; Cultures Can Vary
When W.R. Berkley Corp. announced the launch of Berkley Cyber Risk Solutions in late 2016, it was almost two decades after the first cyber insurance policy was written. But there are good reasons the ...