Leadership & Strategy
Zurich Outlook Still OK With S&P
Less than a week after A.M. Best announced that it would change the outlook on "A+" financial strength rating of Zurich Insurance Co. Ltd. to negative, Standard & Poor's has weighed in with a ...
RMS Buys Up Real-Time Hurricane Impact Data Startup
Catastrophe modeling firm RMS has acquired HWind Scientific LLC, a startup focused on producing real-time hurricane impact data. Neither side disclosed financial details. But RMS said the acquisition ...
AXIS CEO: Layoffs, Australia Retail Change Part of Ongoing Revamp
AXIS Capital Holdings is cutting 100 jobs and winding down its retail insurance business in Australia, two months after cancellation of its planned merger with PartnerRe. The Bermuda-based specialty ...
The Latest Launches From Ironshore and Berkshire Hathaway Specialty Insurance
Berkshire Hathaway Specialty Insurance launched two new policies that provide cyber liability and breach response coverage with risk management resources. They're known, respectively, as the ...
Zurich, ACE, CNA and Catlin Vets to Lead BHSI’s New Expansion Effort
Berkshire Hathaway Specialty Insurance hired veteran executives from Zurich, ACE, CNA and Catlin to help beef up its U.S. underwriting capabilities and continue its expansion. "With this infusion ... ...
Cyber Attacks Increase, but Boards and Businesses Are Fighting Back
A majority of businesses admit that they experienced at least one cyber attack in the last year; companies also increasingly see these risks as a major threat to their operations. Faced with these ...
Allstate’s Esurance Debuts Pay-Per-Mile Auto Insurance
Allstate-owned Esurance has begun marketing auto insurance for which consumers essentially pay by the mile. The new product is called "Esurance Pay Per Mile," coverage enabled by a small telematics ...
Slowly But Surely, Insurers are Turning to Mobile and Big Data
Insurers are increasingly investing in new technology areas such as mobile and big data along with the usual legacy system updates, Novarica found in its latest annual study of U.S. insurer IT ...