Leadership & Strategy
Zurich Restructures Contract Surety Teams to Align with Mid-Market, National Customers
On Thursday, Zurich North America announced the creation of two dedicated contract surety teams focused on specific customer segments—one for middle market contract surety and one for large ...
Aviva Pledges Renewed Cost-Cutting Effort to Boost Profit
Aviva Plc CEO Mark Wilson pledged to continue cost cuts and to focus on a smaller number of markets in an effort to boost earnings of U.K.'s second-biggest insurer by market value. Wilson plans to ...
Are Companies Led By Women Better? Now You Can Put Your Money On It
Investors who want to put money behind the idea that female leadership helps companies excel will have a new way to invest on Thursday when Barclays Bank PLC launches the Barclays Women in Leadership ...
ACE Takes Steps to Expand European Surety Business
ACE Group said it is launching a number of new surety products in the Netherlands, Belgium and Luxembourg, as part of a broader expansion of its surety capabilities in Europe. The new products will ...
Swiss Re Sees Emerging Risks in Smart Cities and Rubber Tree Plants
Property/casualty and other insurers face a number of new emerging risks, and they're not necessarily what, or where, you'd think. Technological issues relating to smart cities, plant pathogens that ...
Guy Carpenter: July 1 Renewal Rates Declined on Many Fronts
Insurance policy renewals as of July 1 declined by double digits in a number of lines and regions around the world, Guy Carpenter reported in a July 7 update. The market assessment echoes those made ...
S&P: Insurers Ideal to Fill Infrastructure Spending Gap
With an expected $500 billion per year gap in infrastructure funding through 2030, insurers are well situated to fill that financing void, Standard & Poor's asserted in a July 7 note. The ratings ...
Arch Shakes Up Exec Roster to Back Expansion Plans
Arch Capital Group Ltd. has taken steps over the last year to grow its mortgage insurance and reinsurance business, and has shaken up its executive roster in order to accommodate the expansion. Among ...