Leadership & Strategy
Allstate Selling Lincoln Benefit Life to London Group for $600M
Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 ...
Conn. Says Insurers Must Complete Climate Risk Survey
Connecticut Insurance Commissioner Thomas Leonardi has decided that about 110 Connecticut-based insurance companies will be required to complete a survey describing what they are doing to address ...
Are Insurers Finally Ready To Embrace Intellectual Property Insurance?
The small yet complicated niche of patent and intellectual property insurance has seen more interest lately as patent claims rise and companies look to protect their ideas or company trade secrets ...
Ward’s Top 50 Nearly 10 CR Points Better Than Industry; Four Newcomers
For more than two decades, the names GEICO, RLI Insurance Company and USAA Group have appeared on an annual list of 50 top property/casualty insurance performers, and four new names joined the ranks ...
MetLife Nears Systemic Financial Institution Risk Tag
MetLife Inc., the largest U.S. life insurer, was moved to the last stage of a regulatory review that may impose extra Federal Reserve oversight. The Financial Stability Oversight Council, a group of ...
Keeping Up With Emerging Risks Remains A Struggle For P/C Carriers
The property/casualty insurance industry depends on lots of data to develop products and price them, making the coverage of new risks a significant challenge for underwriters, a London specialist ...
SEC Officials Frustrated with Slow Pace of Dodd-Frank Rules
Top U.S. Securities and Exchange Commission officials are frustrated over lack of progress in finalizing rules for credit rating agencies and asset-backed securities (ABS), seen by regulators as ...Enstar Deal Prompts A.M. Best Review Of Torus
A.M. Best Co. put the A-minus (excellent) financial strength ratings of Torus Specialty Insurance Company and Torus National Insurance Company under review with negative implications yesterday. The ...