Strategy
Industry Power Center: Distribution and Services, Not Underwriting
The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance ...
Buffett’s Berkshire Hathaway Gained From Trump Tax Cuts; Insurance Division Took Cat Cost Hit
Warren Buffett's Berkshire Hathaway Inc. was a big winner from the recent tax overhaul. Book value, a metric he's called a "crude, but useful" way to track the conglomerate's worth, climbed 13 ...
Berkshire Hathaway’s AIG Claims Costs Rose $1.8B Higher
Warren Buffett's Berkshire Hathaway Inc. boosted its estimate of the ultimate cost of a deal it made last year to backstop some risks for American International Group Inc. The company increased its ...
Accomplish Important Tasks by Not Sweating the ‘Small Stuff’
The "small stuff" is keeping executives and employees alike from accomplishing their important tasks. Finding a way to overcome the little things will go a long way toward addressing bigger goals and ...
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...
Buffett’s Annual Letter to Berkshire Hathaway Could Offer More CEO Succession Clues
Warren Buffett's annual letter to Berkshire Hathaway Inc. shareholders is coming Saturday, and it may bring more clues about the 87-year-old billionaire's succession plans at his conglomerate. In ...
Insurance Accelerators: What, Why and How
Accelerators are a mature concept in many industries and have been increasing in number in recent years. Corporations and investment firms are partnering with accelerators to gain early access to ...
Liberty Mutual’s Safeco to Take Over MAPFRE’s Personal Lines Biz in Three States
MAPFRE Insurance, which last year decided to exit five states and focus on 11, is turning over its personal lines business in three of those five states to Safeco Insurance, a Liberty Mutual unit. ...