Leadership & Strategy
Bonuses Up at Insurance Companies: Towers Watson
With property/casualty insurance and life and annuity companies having a great year in 2013, bonus funds were up above targeted amounts for 80 percent of them, Towers Watson reported yesterday. In an ...
The Institutes, Univ. of Wisconsin Team Up on Insurance Manager Program
The Institutes have partnered with the Wisconsin School of Business at the University of Wisconsin-Madison to offer a Leadership Development program designed for property/casualty insurance managers ...
Netflix’s House of Cards and Other Big Data Case Studies
How did program developers at Netflix know that viewers of the BBC television series "House of Cards" also enjoyed movies starring Kevin Spacey and directed by David Finch? They analyzed big data to ...
Tower Group International Q3 2013 Reserve Charge Higher Than Expected
Tower Group International, Ltd. reported a bottom-line loss of $347.6 million for the third-quarter of 2013 on Tuesday, with higher than expected reserve charges contributing to the result. Adverse ...
Praedicat Launches Cloud-based Casualty Model; Mines Data from Published Science
Praedicat, the world's first liability catastrophe modeling company, announced the launch of its flagship software product, CoMeta on Tuesday. CoMeta delivers commercially-relevant analytics for ...
P/C Combined 97.6 for 2013; Commercial Outlook Still Negative: A.M. Best
A relatively quiet year for catastrophes helped the U.S. property/casualty industry achieve an underwriting profit for the first time in four years, according to A.M. Best. The industry managed its ...
The Challenges Around Big Data and the Lessons to Be Learned
The hype around big data is focusing ever more attention on insurers' data management and analytics capabilities. Analysis of data, creation of predictive models and the ability to take action based ...
How to Successfully Merge Cultures in M&A Deals
The level of merger and acquisition activity is projected to rise in 2014, and while most M&A transactions are driven by growth opportunities for property/casualty insurers, nothing can derail ...