Leadership & Strategy
Buyers Aren’t Happy With Their Cyber Insurance: J.D. Power
On any given day, it is hard not to read an article or report on some type of cyber topic. Cyber insurance is one of the key concerns within the insurance industry today and possibly one of the most ...
Liberty Mutual’s 2017 Net Income Is Nearly $1B Lower Than the Year Before
Liberty Mutual eked out $17 million in net income for 2017, after making more than $1 billion the year before. Record catastrophes, adverse development in its commercial automobile business and a ...
The Latest Launches From Willis Towers Watson and Travelers
Willis Towers Watson, working with a division of W.R. Berkley Corp., unveiled customized cyber insurance coverage for the general aviation business. The Travelers Companies Inc. rolled out a beefed ...
Hurricanes, Wildfires End Berkshire Hathaway’s 14 Consecutive Years of Underwriting Profit
Buffett, 87, Also Offered Few New Hints About His Succession Plans Warren Buffett's Berkshire Hathaway's combination of insurance entities have recorded 14 consecutive years of underwriting profit ...
The Importance of Keeping It Brief
Looking to design leadership principles that employees can learn, remember and live by? It's all about keeping it brief, says a new article from Harvard Business Review. Leadership principles, ...
Industry Power Center: Distribution and Services, Not Underwriting
The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance ...
Buffett’s Berkshire Hathaway Gained From Trump Tax Cuts; Insurance Division Took Cat Cost Hit
Warren Buffett's Berkshire Hathaway Inc. was a big winner from the recent tax overhaul. Book value, a metric he's called a "crude, but useful" way to track the conglomerate's worth, climbed 13 ...
Berkshire Hathaway’s AIG Claims Costs Rose $1.8B Higher
Warren Buffett's Berkshire Hathaway Inc. boosted its estimate of the ultimate cost of a deal it made last year to backstop some risks for American International Group Inc. The company increased its ...