Leadership & Strategy
Get Social, Look Forward to Innovate: Chubb Chief Innovation Officer Bidwell
Like any property/casualty insurer, Chubb Insurance faces the challenge to refresh its business with new ideas. But unlike a lot of its peers, the Warren, N.J.-based carrier has a chief innovation ...
PartnerRe Seeks Direct Meeting With EXOR About Possible Acquisition Deal
Bermuda-based reinsurer PartnerRe, after weeks of resistance, has decided to meet with EXOR to determine whether the Italian investment firm will sweeten its $6.8 billion bid for the company. Even ...
AIG Snatches Up ING Benefits Network to Boost Multinational Business
American International Group Inc. has acquired ING Employee Benefits Global Network to expand business with multinational clients. AIG purchased a controlling stake in the network, which includes ...
Zurich and Swiss Re Execs Sign Document Supporting ‘Balanced’ Regulation
Executives at Zurich Insurance Group, Swiss Re, and other financial institutions are formally backing regulations to limit financial risk that hit middle ground, striking a balance between financial ...
Chubb Adds Fireman’s Fund Vets to Boost Capacity for Wealthy Clients
Chubb Corp., the insurer of high-end homes and mega-yachts, rehired Jennifer Celmer and added two of her colleagues from Fireman's Fund to bolster the unit selling coverage to wealthy individuals. ...
European Insurance Forum: Insurers Must Adapt Quickly to Multiple Changes
The long journey toward a unified regulatory system for insurance in the European Union—Solvency II—finally appears to be near its end. With that hurdle behind them insurers and reinsurers have ...
Marsh Links With FireEye to Add Cybersecurity Service
Marsh will work with an IT firm specializing in cyber attacks to help clients evaluate their technology security and boost their ability to respond when a breach hits. The New York-based insurance ...
Insurers Launching Their Own VC Funds Need High Risk Tolerance: Novarica
In small but growing numbers, property/casualty and other insurers are launching in-house insurer accelerators or venture capital funds. Carriers must be clear on their ultimate goal and risk ...