Leadership & Strategy
National Hurricane Center Focuses on Improving Long Term Forecasts
Advancements in weather prediction tools have allowed the National Hurricane Center (NHC) to introduce two new products, a storm surge flood prediction map and a five day tropical weather graphical ...
P/C M&As Are Alive and Well—They’re Just Different
We hear and read that merger and acquisition (M&A) activity in the property/casualty insurance industry is fading. Without a doubt, it isn't what it used to be. Deal transaction volume and values ...
Munich Re Slammed by Belated Japan Snowstorm Claims
Munich Re, the world's biggest reinsurer, reported second-quarter profit that missed analyst estimates, hurt by claims linked to a snowstorm in Japan. The shares dropped the most in three months. Net ...Moody’s: Insurers Haven’t Fully Embraced Facebook and Twitter Use
Insurers increasingly are using Facebook, Linkedin, Twitter and YouTube to promote brand awareness, pursue marketing and even handle customer service. Most expect to use them more in the future. But ...
ACE Group Beefs Up European Cyber Risk Insurance Practice
ACE Group recently took a number of steps to beef up its cyber risk insurance practice overseas, underscoring the increasing demand for coverage in this area. The company, one of the largest ...
Investors Reward Zurich For Payout and Profit News
Zurich Insurance Group AG, Switzerland's biggest insurer, surged after saying it will distribute more than $3.5 billion in cash this year and operating profit climbed. The shares advanced as much as ...
Swiss Re CEO: Opportunities Fueled a Great Quarter
Swiss Re Group excelled in the 2014 second quarter with improved results in nearly every area but particularly property/casualty reinsurance. Group CEO Michel M. Liès noted the milestone stands in ...
‘Most Hackable’ Car Claim Draws Muted Response From Chrysler, Nissan
Chrysler and Nissan said they are reviewing a report by well-known cyber security experts that rates their vehicles among the three "most hackable" cars on the market, along with a General Motors ...