Leadership & Strategy
PartnerRe Asia Launching
PartnerRe Ltd. announced last week that Partner Reinsurance Asia Pte. Ltd. ("PartnerRe Asia") a wholly owned subsidiary of PartnerRe Ltd. has been licensed by the Monetary Authority of Singapore ...
Survey: Millennials Most Interested in Pay-As-You-Drive Insurance
Pay-as-you-drive insurance programs are highly touted as one of the next big things in the industry. But the market has so-far resisted quick adoption of the coverage, which would involve having a ...
Brit PLC Pairs With New Bermuda Reinsurer for Property Cat Excess of Loss Coverage
A new Bermuda-domiciled reinsurer will cover a share of Brit PLC's existing worldwide property catastrophe excess of loss portfolio. The partnership between Brit – a global specialty insurer and ...
Sony CEO: Insurance Will Completely Cover Cyber Attack Costs
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyber attack he likens to having your house robbed and burned to the ground. But the devastating hack, he ...
FHA Actions May Force Private Mortgage Insurers to Cut Premiums
Private mortgage insurers in the United States may have to cut premiums to better compete with the Federal Housing Administration, which plans to reduce premiums in the government's latest attempt to ...
Deal Backstory: XL, Catlin Get in Front of M&A Trend Creating $10B Specialty, Re Leader
If you believe consolidation is happening, why wouldn't you want to get out in front and choose your own partner? That's the simple way that Stephen Catlin, founder and CEO of Catlin Group Limited, ...
The Driverless Car Market Could Be Worth $42 Billion in a Decade
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by ...
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...