Leadership & Strategy
QBE Forecasts Profit Decline Resulting from Latin America WC Reserve Boost
QBE Insurance Group Ltd. slumped the most in seven months after forecasting an 18 percent decline in first-half earnings due to higher claims in Latin America and competition with other insurers. Net ...
Insurance.com: Most Americans Are Revving Up for Driverless Cars
While driverless cars may be some time from everyday use, most Americans are seriously game to try one. A new Insurance.com survey determined that most Americans are comfortable with driverless cars ...
Berkshire Appoints Prussack VP of New Fiduciary Liability Line
Berkshire Hathaway Specialty Insurance announced Monday that it is entering the fiduciary liability market and has named Rhonda Prussack as vice president to lead the effort. Prussack most recently ...
Hiscox Chair: Re Competition Hurts Pricing
Hiscox Ltd. Chairman Robert Childs said the Lloyd's of London insurer is writing less "big ticket" reinsurance as excess capital pushes rates lower. The second-largest Lloyd's insurer by market value ...
Aspen Shareholders Vote Down Endurance Proposals
Aspen Insurance Holdings Limited announced Friday that most Aspen shareholders participating in a consent solicitation have rejected two proposals from Endurance Specialty Holdings Ltd, intended to ...
Validus CEO: Malaysia Crash Will ‘Have Implications’ For Aviation, War Markets
Validus Holdings Ltd. Chairman and CEO Ed Noonan said that the crash of Malaysia Airlines Flight 17 after a missile shot it down over the Ukraine earlier this month will likely "have implications" ...
Singapore Regulators Urge Airlines to Reconsider Conflict Zone Risks
Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over ...
Analyst: Reinsurance M&A Winds Are Increasing
Shareholders from Aspen Insurance Holdings have a July 25 deadline to vote on a number of governance proposals that could boost Endurance Specialty Holdings' prospects for acquiring the Bermuda ...