Strategy
From a Romantic Swiss Hotel to Mega-M&A Deal: The AXA/XL Story
FROM THE ARCHIVES: A VINTAGE M&A ARTICLE FROM 2018 This narrative of the events that led up to the deal is the result of on- and off-record interviews and briefings with more than half a dozen ...
Sompo International Rolls Out European Specialty Insurance Underwriting Division
Sompo International is launching a new European specialty insurance underwriting operation. The Bermuda-based specialty provider of property/casualty insurance said the division initially will focus ...
Insurers Pursuing IT Transformations Must Up Their Recruiting Game
Insurance industry demand for talent in areas such as big data will likely "exceed available supply by a factor of four," according to a new blog posting from McKinsey & Company. That reality ...
NAMIC CEO Chamness Sounds Off on Flood Insurance and Disaster Relief Reform
Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...
AIG Will Sell Travel Insurance to Expedia’s Customers
Insurer American International Group Inc on Friday said that it has struck a deal with online travel services provider Brand Expedia Group to sell travel insurance to the company's global customers. ...
AmTrust Will Go Private; Deal Involves CEO Zyskind, Stone Point Capital
AmTrust Financial Services has sealed a deal to become a private company, after first disclosing plans to do so in early January. "This transaction represents an exciting step forward for AmTrust, ...
The Latest Launches From Next Insurance and QBE North America
Startup Next Insurance is now marketing digital insurance policies for personal trainers through two sports and fitness associations. Specialist insurer QBE North America added data breach planning ...
Liberty Mutual’s 2017 Net Income Is Nearly $1B Lower Than the Year Before
Liberty Mutual eked out $17 million in net income for 2017, after making more than $1 billion the year before. Record catastrophes, adverse development in its commercial automobile business and a ...