Leadership & Strategy
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 ...
Texas Owner of Steak Restaurants Acquires Truck Insurer First Guard
Biglari Holdings Inc. and First Guard Insurance Company announced Thursday that Biglari Holdings has acquired First Guard Insurance Company and its affiliate, 1st Guard Corporation. First Guard ...
Developers Wanted by Progressive for Driver Behavior Smartphone App
Progressive is working with application developers to find a way to use mobile phones to measure customers' driving behaviors, the auto insurer said in an announcement yesterday. The announcement was ...
Damage Control Underway at Allianz’s PIMCO
In mid-February, a group of current and former PIMCO employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his impending departure as chief executive of the ...
Making the Leap From Manager to Executive
Ask anyone about the hardest career transition, and some will say the transition from college student to entry-level professional has the steepest learning curve. For many, that's true—until they ...
Allianz in 440 Million Euros Deal for Italian Insurer P/C Book
Allianz SE, Europe's biggest insurer, agreed to buy Milano Assicurazioni SpA assets from Unipol Gruppo Finanziario SpA for 440 million euros ($612 million), the Munich-based company said. The deal ...
Minority of Execs Can Predict If Their Teams Will Deliver Results: Survey
Only 32 percent of executives are confident they can predict whether their teams will deliver as promised, according to a new study. The survey of more than 300 senior executives at large companies, ...