Leadership & Strategy
AIG Life and Retirement Biz Files for IPO; Rebranding as Corebridge
The holding company of U.S. insurer American International Group Inc's AIG life and retirement business, SAFG Retirement Services Inc, filed for an initial public offering in the United States on ...
The Remaking of Verisk as an Insurance-Focused Firm (Again) Is Underway
Last week, information services firm Verisk said it had taken steps that align with one investor's call for the firm to commit to being a standalone insurance-focused business. Yesterday, Verisk ...
WTW Survey Finds Great Resignation Unlikely to Slow Down Soon
A recent survey by global advisory, broking and solutions company WTW (Willis Towers Watson) found that the great resignation is showing no signs of easing. More than half (53 percent) of U.S. ...
U.S. SEC Unveils Landmark Climate Change Risk Disclosure Rule
The U.S. securities regulator on Monday unveiled a landmark proposal requiring U.S.-listed companies to disclose their climate-related risks and greenhouse gas emissions, part of a push by President ...
Burn the Client or Burn the Carbon? AXA Grapples With Clean Energy Transition
The glass tower in Paris where AXA SA, one of the world's largest insurers, has its temporary headquarters looks as if a giant feral cat has ripped chunks out of it. In recent months that jagged ...
Specialty Insurer Transformations: Forge Group Stock Offering; ProSight Rebrand
Two specialty lines insurance organizations announced different types of transformations in recent days. Amalgamated Casualty Insurance Company is becoming Forge Insurance Company, and ProSight ...
How Insurance CIOs Can Orchestrate Business-Wide Transformation
The pandemic has been a wake-up call for insurers. In an industry that has traditionally lagged in digital deployments, the savviest players are reassessing their own infrastructures to reevaluate if ...
Tesla, Other Car Makers Have Edge Over Incumbent Insurers: Moody’s
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody's Investors Services said in a report ...