Leadership & Strategy
Tower Group Reports Fourth-Quarter Loss
More than $80 million of after-tax net losses from Superstorm Sandy drove bottom-line red ink at New York-based Tower Group, Inc., which reported a net loss of $52.1 million, or $1.36 per share, for ...
AIG 4th Quarter Operating Results Beat Expectations
Insurer American International Group Inc. reported fourth-quarter results that beat Wall Street expectations, although Chief Executive Robert Benmosche said some employee bonuses will be smaller this ...
XL’s McGavick’s Innovation Tip: Move Best People Off Profitable Business
If you want to spark innovation in your company, move your best people out of your most profitable businesses, XL's chief executive officer advises. Mike McGavick, the CEO of Dublin-based XL Group ...Top 3 Product Trends of 2012: Cyber, Cargo & Weather
Insurance Journal and MyNewMarkets.com track hundreds of new insurance products and services every year. In 2012, the industry launched numerous new coverages, enhancements, and services focused on a ...Munich Re Warrants Performance of Xicato’s LED Light Modules
Munich Re has introduced insurance coverage with the U.S. lighting company Xicato that includes five-year performance guarantee on its LED modules for color consistency and lumen maintenance. Munich ...
How Leaders Cause Innovation: Lessons From Babylon
Standing before the dark, glistening dionite obelisk in The Louvre all those years ago, I wondered how long this particular game-changing innovation had taken from inspiration to execution. The ...
Is Strategic Planning Effective At Insurance Companies?
It has been three short months since I accepted the challenge of putting together carrier-focused content for the new website we are launching at Wells Media—CarrierManagment.com. For those of you ...