Leadership & Strategy
Individual P/C Carrier Results Lackluster, Despite Aggregate ’12 Improvement: Fitch
Although the aggregate operating results for a group of large publicly traded property/casualty insurers improved markedly in 2012 compared to 2011, individual carrier performance remains "below par" ...
The Greenberg Interview: Spitzer, AIG, Bailout, Foreign Trade and More
The near-collapse of American International Group (AIG) in 2008 came about because of the scare tactics and political ambition of one man—then New York Attorney General Eliot Spitzer, according to ...FM Global Swings to $774M Net Profit for Full-Year 2012
Johnston, R.I.-based FM Global, one of the world's largest business property insurers, announced $774 million net income for the full-year 2012. That compares favorably to a net loss of $41.5 million ...
Imagining A Future Filled With Driverless Cars
Visions of robotic self-driving cars may appear like something from a George Lucas film but in June 2011, this vision took a giant leap toward becoming reality when Nevada became the first state to ...
On Energy Agenda, Obama Pushes Research Fund For No-Gas Autos
President Barack Obama tried to move past partisan fights over U.S. energy policy on Friday with a modest proposal to fund research into cars that run on anything but gasoline. Obama toured the ...RAA: U.S. Reinsurers Had Higher Premiums, Improved Underwriting Results in 2012
The Reinsurance Association of America said a group of 19 U.S.-based property/casualty reinsurers reported higher net written premiums and net income for 2012 compared to 2011. The RAA said Thursday ...
Cyber Insurance Buys Up 33% in 2012, Prices Flat, Underwriters Asking Questions: Marsh
More companies are turning to cyber insurance to protect their organizations from the financial consequences of a data breach or cyber attack, according to a recently issued report by Marsh, which ...
U.S. Oil Boom Protects World From Supply Shocks, IEA Says
Soaring U.S. oil production should be enough to allow consumers withstand most potential supply shocks, the International Energy Agency (IEA) said on Wednesday, as it cut estimates for global oil ...