Strategy
Look Beyond the Quarterly Numbers
Focusing too much on hitting quarterly numbers can lead a company to make short-term moves that get in the way of long-term strategy. If revenue has become shorthand for whether your business is ...
Allianz CEO Has $3.2B to Use for M&A. Will He?
Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a ...
Swiss Re, Software Firm SAP SE to Develop Financial Steering/Reporting Product
Swiss Re has formed a strategic partnership with software company SAP SE to develop a product addressing the increasingly complex demands of global regulators regarding financial steering and ...
Allianz, Japanese Financial Firm Invest in U.S. Wind Farm Owned by French Utility
Allianz and Japanese bank Mitsubishi UFJ Financial Group (MUFG) have invested in a U.S.-based wind park owned by French utility EDF , Allianz said, as the German insurer expands its renewables ...
Allstate Readies Black History Month Ad Campaign; Nationwide Renews NFL Sponsorship
Allstate Insurance said it is gearing up for its annual Black History Month advertising campaign, an annual digital, social and radio effort known as "Worth Telling." This year, Allstate plans to ...
W.R. Berkley Suspends London-Based Marine Underwriting
W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward. W/R/B Underwriting, the company's ...
Germany Reportedly Plans Brexit Move Talks With 20 Banks
German regulators will meet more than 20 foreign banks on Monday to spell out requirements for moving some operations to Frankfurt, people familiar with the matter said, as the city accelerates plans ...
AIG Risk Transfer Deal Could Jeopardize Berkshire Hathaway’s Win Streak: Credit Suisse
Berkshire Hathaway Inc.'s record risk-transfer agreement with American International Group Inc. is so big that Warren Buffett's company risks posting its first annual underwriting loss since 2002 at ...