Leadership & Strategy
Bring on the Competitors, Reinsurance Brokers Say
If you ask Frank Harrison, chief executive officer of New York-based reinsurance intermediary Holborn Corp., whether he worries about competitors coming up behind his firm, you'll hear an unusual ...
82% of P/C Insurers Using Predictive Analytics: Earnix/ISO Research
A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use ...
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
Investment Bankers on Boards Make for Better Corporate Mergers
Companies mulling a merger would do well to have an investment banker on their board of directors, according to University research. A study from the University of Iowa found that firms with an ...
Berkshire-Hathaway Insurance Earnings Tumble in Q3
Although Berkshire Hathaway reported a 7.7 percent jump in operating income for the third-quarter of 2013, Berkshire's insurance operations saw earnings fall in the quarter. Taken together, operating ...
AIG Earnings Call Highlights: Broker Quality Scrutinized; Still Committed to ‘Aspirational Goals’
Property/casualty insurance brokers who aren't diligent about the accounts they're presenting to American International Group risk being discovered through one of the features of the carrier's ...AIG Overhauls Porfolio Team: Cornell to Run Bonds, Schreiber to Manage Alternatives
American International Group Inc. named Brian Schreiber and Geoffrey Cornell deputy chief investment officers as the insurer revamps oversight of its $358.3 billion portfolio. Schreiber, 48, will ...
Zurich Insurance ‘Confident’ About Reaching Improved Profitability Target
Zurich Insurance Group AG, Switzerland's biggest insurer, said it is still "confident" its non-life unit can improve a profitability target with cost cutting after it announced in August it may miss ...