Strategy
Swiss Re Loses SoftBank as Potential Investor, but Would Welcome Another
Swiss Re AG said it would continue to welcome an anchor investor after Masayoshi Son's SoftBank Group Corp. ended its pursuit of a stake in the world's second-largest reinsurer. The collapsed talks ...
For Insurers, Performance Measures Based on Efficient Frontier Analysis May Work Best
Insurance is a unique business, especially when it comes to measuring the performance of a company. Businesses in most industries have a precise knowledge of the cost of their product at the time ...
3 Tips for Commercial Insurers Pursuing Technological Change
Commercial insurers, like other carriers, are gearing up for some major technology-driven transformations. Here, we list three ways that insurers can ready their organizations for the changes to ...
InsurTech Next Insurance Transforms From Digital Agency to Carrier
Next Insurance debuted in 2016 as a digital insurance agency for small to medium-size businesses. Today, the California startup officially announces its new status as a licensed insurance carrier, ...
Billionaire Investor Icahn Sues to Prevent AmTrust From Going Private
Billionaire investor Carl Icahn sued the directors of AmTrust Financial Services Inc., Chief Executive Officer Barry Zyskind and the family that controls the insurer to challenge a plan to take the ...
Root Plans Bigger Columbus, Ohio HQ, Plus Many New Hires to Fuel National Expansion
Root disclosed plans to grow its workforce over the next three years by about 500 percent and also move to a new, significantly expanded headquarters in Columbus, Ohio. The auto insurance startup, ...
AmTrust’s Proposed Privatization Attracts Another Opponent: Shareholder Arca Capital
The Prague-based investment firm Arca Capital said it plans to work with activist investor Carl Icahn and other minority shareholders to prevent a proposed privatization of AmTrust Financial Services ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...