Leadership & Strategy
Travelers’ A.M. Best Financial Strength Ratings Soar
Travelers and most of its subsidiaries saw their already stellar financial strength ratings from A.M. Best get even better. This was based, in part, on the insurer's ability to generate solid ...
RAA Results: Q1 Premiums, Combined Ratios Nearly Unchanged for Group
The Reinsurance Association of America's latest quarterly survey of statutory underwriting results for U.S. property/casualty reinsurers reveals that first-quarter 2014 net written premiums came in ...
For 2013, Conning Tracked Slightly Better Industry Loss Reserves
The property/casualty industry's loss reserve position improved slightly in 2013 compared to the previous year, reflecting continued stability in an era of low inflation and slower economic growth, ...
Lloyd’s Finance/Operations Exec Slot To Be Split in 2
Luke Savage is leaving Lloyd's of London to become the new CFO at Standard Life. Previously, Savage had been Lloyd's Director of Finance and Operations for 10 years. He will be stepping down from ...
S&P: Insurers Want Certainty Before Fully Embracing Climate Change Prep
Whether climate change is here, on its way or non-existent, insurers have already accepted the need to prepare for it. But even as the industry confronts what might happen, it wants more certainty ...
CFOs Go Beyond Number Crunching to Strategic Seat
The days are long past for chief financial officers to hide behind the adding machines and spreadsheets in their corporate suites. The broadening role of the CFO into a wider range of company ...
Marsh: Softening Signs Seen in U.S. Umbrella/Excess Liability Rates
Average umbrella and excess liability rates in the U.S. climbed 3.1 percent higher in the 2014 first quarter. Marsh Global Analytics claims that's a sign of market softening, however, because it's ...
Global P/C Premiums Headed for Moderate Climb: Munich Re Report
An improving economy in the industrialized world will propel steady but moderate property/casualty premium growth over the next two years, Munich Re concluded in its new Insurance Market Outlook ...