Leadership & Strategy
Citing Success, Farmers Pulls Climate Change Lawsuit
Farmers Insurance Group, which filed nine class actions in May against nearly 200 communities in the Chicago area, is withdrawing its lawsuit. The suit accused the Illinois municipalities of failing ...
U.S. Treasury Vet is AIA’s New Federal Affairs Chief Counsel
A veteran of the U.S. Department of Treasury will be the American Insurance Association's new chief counsel for federal affairs. The AIA disclosed this week that Amanda Greenwold Wise has been named ...
Reinsurers Are Ripe For M&A: Nomura
The reinsurance market is ripe for consolidation because the sector continues to soften, with alternative capacity in at least one area set to double over the next few years, a Nomura Equity Research ...
This Week’s Hottest Ticket: Lunch With Warren Buffett
Warren Buffett's annual charity auction drew an offer of more than $355,000 as bidders vie for a chance to have lunch and a conversation with the billionaire investor. The event kicked off yesterday ...
Endurance CEO Charman Miffed at Aspen’s M&A Rebuffs
During an Endurance Specialty Holdings Ltd. investor call on June 2, one thing became perfectly clear. John Charman, the company's chairman and CEO, is miffed at the board and executive leadership of ...
Hiscox USA’s CEO Ben Walter Reveals Lessons on Branding
Just over two years ago I had the good fortune to take over as CEO of specialist insurer Hiscox's U.S. business unit. Leading this business is a humbling challenge. Hiscox has a sterling reputation ...Munich Re’s Auto Carve-Out
Rob Barnett, SVP and Casualty Underwriting Manager for Munich Re America's casualty lines national accounts division, believes that innovation is the key to success for reinsurers in the current ...
Endurance Ups Its Bid For An Unimpressed Aspen
Endurance Specialty Holdings Ltd. promised it wouldn't give up on a merger with Aspen Insurance Holdings Ltd., and so it is trying again with a higher bid. The Bermuda specialty insurance and ...