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Are Multiyear Policies the Answer For Flood? Behavioral Economics Meets Insurance
Buyers and sellers of flood insurance can benefit from a longer-term perspective, and long-term multiyear policies may be the key to reforming the current system, a Wharton School professor said last ...
Financial Stability Board’s Report Misses the Mark: PCI Executive Perspective
In the United States, football season has just arrived. In Europe, football season has been underway since August. While both are sports and both sports are called "football," they couldn't be more ...
XL’s Seraina Maag: Building a Culture of Collaboration
"Work-Outs" and "Rapid Results Initiatives" are now a natural part of the language of the U.S. insurance professionals working for XL Group, where a culture of collaboration has taken hold over the ...
Language Police on ‘Laser-Focused’ Lookout for Executive Jargon
Liam McGee has a special way to emphasize his commitment to creating value at the 203-year-old company he runs, Hartford Financial Services Group Inc. "Our team is laser-focused on execution," he ...
Rendez-Vous Recap: Alternative Capital Remains Elephant in the Room
The 57th Reinsurance Rendez-Vous is winding down, and, while it's been another successful networking opportunity for the industry's movers and shakers, most of the discussions have ended on a note of ...
Five Key Traits CEOs Look For When Hiring Talent
(This article is based on a presentation made by Libby at the IICF Women in Insurance Global Conference in New York on June 13, 2013.) CEOs are often grilled in boardrooms on innumerable challenges: ...
‘Fish ‘n’ Shoes’ Thinking and the Disruptive Power of ‘Just One Change’
Shoes matter. This is a universal truth. They particularly matter to me. Some may remember when Sex and the City protagonist Carrie Bradshaw was mugged and exclaimed: "Please sir, you can take my ...
Rating S&P’s New Method: Transparency Improved, But Execution Consistency Falls Short
In May, Standard & Poor's confirmed that it had finalized a 10-month "Request for Comment" (RfC) process around proposed changes to the rating agency's criteria for rating insurers and ...