Leadership & Strategy
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 ...
ACE Buying Itaú Seguros for $685M to Become Top P/C Insurer in Brazil
ACE Limited announced Friday that it will acquire the large corporate property/casualty business of Itaú Seguros, S.A. from Itaú Unibanco S.A. for roughly $685 million—a deal that will make ACE ...
Computers Writing Earnings Reports
Unless you follow me on Twitter (@SSCLAF or @CarrierMgmt), you probably missed what I viewed as one of the recent highlights of the IICF Women in Insurance Regional Forum. There was lots of good ...
Board Planning: When the CEO Has Cancer
When Goldman Sachs' then-senior partner, Gus Levy, suffered a stroke in the middle of a client meeting in 1976 and died shortly after, the bank's management didn't know who would lead the firm. No ...