Leadership & Strategy
Rolls-Royce Drone Ships Promise Safer, Cheaper Cargo Industry
In an age of aerial drones and driverless cars, Rolls-Royce Holdings Plc is designing unmanned cargo ships. Rolls-Royce's Blue Ocean development team has set up a virtual-reality prototype at its ...Swiss Re Acquires Stake in Colombian Surety Company
Swiss Re Corporate Solutions and owners of Compañía Aseguradora de Fianzas S.A. Confianza ("Confianza") have signed an agreement under which Corporate Solutions will acquire a 51 percent stake in ...
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 ...