Leadership
What CIOs Should be Telling Carrier Board Members About Tech Risks
Many carrier CIOs face the challenge of communicating with their organization's board of directors. It can be difficult sometimes for CIOs to know just how much communication is enough. It can also ...
Berkshire Hathaway Specialty Insurance Hires Rival Execs For Canadian Expansion
Berkshire Hathaway Specialty Insurance is expanding into Canada, and it has named executives from Gen Re, AIG and Chubb to help pursue the company's plan. There are three hires in all: Scott Miller ...
ACE CEO Greenberg: ‘We Are Looking Pretty Good’ Despite Strong Dollar
ACE Ltd. is in a position to be bullish about the vast majority of its 2014 fourth quarter results. The property/casualty insurance giant booked a sizable jump in underwriting income, growth in net ...
Questions P/C Carrier Boards Should Consider
There are some risks against which even the most vigilant board is powerless. On the other hand, there are significant known unknowns that property/casualty boards should anticipate in 2015. Many of ...
As Reinsurance M&A Accelerates, Who Are The Next Targets?
Insurance dealmaking is heating up as companies embrace a bigger-is-better philosophy. Axis Capital Holdings Ltd.'s plan to merge with PartnerRe Ltd., creating a firm with a combined market value of ...
AXIS CEO: More Deals Possible After Merger With PartnerRe
The creation of one of the world's largest reinsurers in an all-stock merger paves the way for more deals. AXIS Capital Holdings Ltd. and PartnerRe Ltd.'s combination without taking on debt will ...
Bermuda Reinsurers AXIS Capital and PartnerRe Will Merge in Massive Deal
AXIS Capital Holdings Ltd. agreed to merge with PartnerRe Ltd., combining two Bermuda-based reinsurers with a total market value of almost $11 billion amid accelerating consolidation in the industry. ...
Willis Will Grab Majority Stake in Miller, Enabling Growth in Wholesale Market
Willis Group Holdings Plc, the third-largest insurance broker by market value, agreed to take a majority stake in Miller Insurance Services LLP to add shipping clients. Willis will take an 85 percent ...