Strategy
Reinsurers Seek to Boost Returns Through Tailored Business
Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect ...
A Struggling AIG Might Need Substantial Pay for Its Next CEO
American International Group Inc.'s new chief executive officer can expect to deal with a volatile industry, pressure from ratings firms and a restless board. And if the past is any guide, the new ...
5 Steps to More Strategic Cost Management
The best-run companies see cost management as a way to support their strategy, searching for ways to cut bad costs so they can redirect resources to invest in their strengths, says a recent Harvard ...
W.R. Berkley, Tokio Marine Back Weather Analytics’ $17M Series B Financing
Weather Analytics, a provider of weather and predictive risk software for the insurance industry, reported that global insurers Tokio Marine HCC and W. R. Berkley Corp. together have funded a $17 ...
Optimize Your Business Transformation Efforts
Only 30 percent of business transformation efforts deliver their intended benefits and meet their planned targets, but a new article from McKinsey & Co. reveals a few tips that can help increase ...
AIG, Wary of Battle With Icahn, Pushed for CEO Hancock’s Resignation: WSJ
American International Group Inc's decision to remove Peter Hancock as its chief executive was to avoid a proxy battle with billionaire activist investor Carl Icahn, the Wall Street Journal reported, ...
China’s Anbang Insurance Denies Investment in Kushner-Owned Manhattan Office Tower
China's Anbang Insurance Group said it is not investing in a flagship Manhattan office tower owned by the family of Jared Kushner, U.S. President Donald Trump's son-in-law and senior adviser. Anbang ...
Critical Thinking, Creativity Needed to Thrive in Smart Machine Age
In the next five to 10 years, technology such as artificial intelligence and the Internet of Things will transform how most businesses are staffed, operated and managed. Standardized, repetitive ...