Leadership & Strategy
Study: Female Board Members Linked to Positive Company Financial Performance
There is a positive correlation between women serving on a company's board of directors and a firm's financial performance, according to new research from Syracuse University's Martin J. Whitman ...
Report: XL Group/Catlin Merger a Done Deal
XL Group plc may have already closed an M&A deal with rival Catlin, according to international media reports. XL CEO Mike McGavick acknowledged on Dec. 17 that talks were underway, with a ...
ACE Keeping Most Fireman’s Fund Personal Lines Staff When Allianz Deal Closes
ACE Group said it will keep most of the employees with Fireman's Fund's personal lines business once its $365 million acquisition of the division from Allianz goes through. "We value Fireman's Fund ...
China Establishes Debut Insurance Fund for $2.1 Trillion Trust Industry
China on Friday set up its first insurance fund for its $2.1 trillion trust industry in a move to reduce financial risk in shadow banking, the country's banking regulator said. The fund, jointly ...
Farmers Mutual Hail Will Buy Deere’s Crop Insurance Unit
Deere & Co., the world's largest manufacturer or agricultural machinery, agreed to sell its crop insurance segment to Farmers Mutual Hail Insurance Co. of Iowa, retreating from a business that ...
USAA Makes Strategic Investment in CaféX
USAA, an insurance and financial services company for military families, has made a strategic investment in CaféX, a provider of real-time engagement solutions for mobile and web platforms. CaféX ...
Allstate Announces Management Shakeup, Customer Focus
Allstate Corp. announced Wednesday a management shakeup in a reorganization aimed at focusing attention closely on customers and improving efficiency of operations. Allstate said that Matt Winter, ...
Hiscox Re’s Definition of Innovation: Offering a ‘Twist of Lime’
Reinsurance innovations at Hiscox Re don't necessarily come in the form of entirely new products, according to Mike Krefta, the chief underwriting officer. Rounding out offerings like RAP and ...