Strategy
Ambac Shareholder Pushes for Review of ‘Strategic Alternatives’
Shareholder Joseph Pirinea said on Monday he was pushing bond insurer Ambac Financial Group to hire an investment bank to review strategic alternatives. Pirinea said the review should include the ...
The Latest Launches From CNA, Endurance and Beazley
CNA launched new coverage designed to address M&A issues among insurers. Endurance unveiled a new workers compensation insurance product available to one of its divisions. Beazley just doubled ...
London Financial Firms Doubful About Quick-Fix for Post-Brexit EU Access
Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage ...
Why American Family’s CEO Embraces Social Media
Insurance industry executives have been slow to embrace social media tools such as Twitter and blogging in their professional lives. Jack Salzwedel is a notable exception. Salzwedel, the chairman and ...
Millennial Small Business Owners Better at Addressing Risks: Nationwide
Millennial business owners may be far better at addressing professional risks than their older counterparts, a new Nationwide study has found. Their attentiveness to various kinds of ...
Report: AIG In Early Talks to Sell Lloyd’s Insurance Business
American International Group Inc is in early talks to sell Lloyd's of London Ltd's insurance operations to Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported on Tuesday. ...
Allied World Nabs Ex-Travelers Exec to Help Lead U.S. Cyber Insurance Efforts
Allied World Assurance Company Holdings tapped a former Travelers executive to help lead its U.S. cyber insurance efforts. Jason Glasgow is the insurer's new vice president, practice lead – ...
Cyber Terrorism a Major Concern for U.S. Businesses
U.S. businesses focused on addressing crisis management in the event of an on-premise terrorist attack may be leaving their information systems vulnerable to a cyber attack. According to The Global ...