Leadership & Strategy
P/C Insurers Looking to Compete Must Learn to Embrace the Cloud
Property/casualty insurance companies have a reputation for being risk-averse. That certainly has been the case when it comes to cloud computing. While other industries have more readily embraced the ...
Pitfalls of Boosting Self-Esteem with ‘Empty Praise’ in Workplace
Reality TV has a way of highlighting the worst in people, even when they genuinely think they're doing their best. American Idol is just one example, in which contestants who can't carry a tune are ...Watford Re Readies for Business; Best Assigns Ratings, Stable Outlook
In a statement Wednesday, Bermuda-based Watford Holdings Ltd. said it expects that reinsurance operations of its wholly-owned subsidiary Watford Re Ltd., will start up soon, following the recent ...
Runoff Specialist Catalina in Deal for SPARTA; Arch to Take ART Renewals
On Wednesday, Catalina Holdings (Bermuda) Ltd ("Catalina") and SPARTA Insurance Holdings, Inc. ("Sparta") announced a definitive agreement under which Catalina will acquire Sparta. Once the deal is ...
RSA Insurance CEO’s First Year Compensation May Top $9 Million
RSA Insurance Group Plc Chief Executive Officer Stephen Hester, drafted in to turn around the U.K. insurer, may be paid as much as 5.6 million pounds ($9.3 million) for his first 12 months in the ...
Insurer M&A Activity on the Rise: Towers Watson
An overwhelming majority (86 percent) of North American insurance executives expect to see an increase in the volume of insurance mergers and acquisitions over the next one to three years, and 78 ...
P/C Carrier CROs Say Board Concerns Higher on Strategic, Operational Risk Than Nat Cat
Members of risk committees of the boards of directors of property/casualty insurance companies have more on their minds than the abilities of their companies to withstand tail risks like devastating ...
Combined Ratios Improved More than 9 Pts. in ’13 for RAA Reinsurers
The 18 U.S. property/casualty reinsurers included in the Reinsurance Association of America's survey of financial results for year-end 2013 saw net premiums fall 3.3 percent compared to 2012, but ...