Leadership & Strategy
Most Profitable Insurer Piggybacks on Bank Sales Channel
BB Seguridade Participacoes SA's strategy of piggybacking on its corporate parent's 5,400 bank branches to sell policies is making it the world's most profitable insurer. The company will post a 44 ...
Retiring CEOs Issue Optimistic Earnings Forecasts, Study Finds
Retiring chief executive officers issue earnings forecasts more frequently during their final year of employment, and these forecasts tend to convey good news—to be optimistically biased—than ...
AXA Seeking Acquisitions in Emerging Markets
French insurance group AXA is looking for more acquisitions in emerging markets, the company said after posting a 14 percent rise in full-year net income and lifting its dividend by 13 percent. Faced ...
Greenberg’s Post-AIG Conglomerate: a Mini Berkshire Hathaway?
Since his ouster from American International Group Inc. in 2005, Maurice "Hank" Greenberg has been quietly building an insurance and investment conglomerate that people close to him describe as a ...
AIG U.S. P/C Subs’ Ratings Stable In Spite of Reserve Deficiency: A.M. Best
Rating agency A.M. Best announced Thursday that it affirmed financial strength ratings for AIG's U.S. property/casualty subsidiaries at "A," noting that an estimated reserve deficiency has been ...
AIG Plans Islamic Reinsurance (Retakaful) Venture in Malaysia
American International Group Inc. is plotting its entry into Malaysia's Islamic insurance market, lured by the country's economic expansion and an industry that has grown more than fivefold in less ...
Energi Insurance CEO McCarthy: Plugged Into Energy Revolution Through R&D
Just as there are best practices for managing today's energy risks, there are best practices for managing a company that specializes in insuring those risks. According to Brian McCarthy, best ...
What It Takes to Be a P/C Insurer COO: Executive Recruiter Views
The leaders of operations of property/casualty companies carry various titles and have a wide range of responsibilities—so different, in fact, that even industry executive placement experts have a ...