Leadership & Strategy
Allianz Among Few Cos. Linking CEO Pay to Carbon Cuts: Bloomberg Analysis
There's a provision in Jean-Pascal Tricoire's compensation deal that sets him apart from most chief executive officers: the more Schneider Electric SE cuts carbon emissions, the bigger his paycheck. ...
Eight Lloyd’s Syndicates Commit $400M Capacity to Fill Cat Protection Gap
Eight Lloyd's syndicates are joining forces to tackle the problem of underinsurance in emerging economies across Latin America, Africa, and Asia—committing capacity of $400 million towards ...
Zurich Exiting P/C Business in Middle East
Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the "limited potential" for profitable growth. The decision to exit ...
How Virtual Agents Powered by Artificial Intelligence Can Transform Insurance
As with most industries within the financial services sector, insurance is facing the dual pressures of needing to keep costs down in a competitive environment while maintaining satisfaction ...
AIG Life Books May Be On the Block: Bloomberg Report
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with ...
Nine Straight Years for P/C Reserves Releases: Fitch
Property/casualty insurers continued to take down loss reserves for prior years in 2014, which marked the ninth straight calendar year of favorable development for the industry in aggregate, ...
Hamilton Insurance Expands Into Space and Professional Lines
Hamilton Insurance Group plans to expand into space and professional lines, and has hired two senior underwriters to lead the effort. The expansion work will be through Hamilton Underwriting Ltd., ...
IICF Adds Up Record ‘Week of Giving’ Totals
A record total of 8,577 insurance industry volunteers provided more than 25,000 hours of service to community nonprofits across the United States during the Insurance Industry Charitable Foundation's ...