Strategy
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 ...
Carl Icahn is Pleased. Can AIG CEO Peter Hancock Exhale Now?
Carl Icahn, who won representation to the board of American International Group Inc. after threatening a proxy battle, said he's warming to the approach of the insurer's chief executive officer. " ...
Liberty Mutual Turns to China for Latest Asia Joint Venture
Liberty Mutual Insurance, a longtime player in China, has formed a new joint venture there in a bid to become a major presence in a market dominated by local rivals. The Boston-based insurer said it ...
AIG Will Sell Mortgage Guaranty Unit to Arch Capital for $3.4B
American International Group Inc said on Monday it would sell its mortgage-guaranty unit to Arch Capital Group Ltd for about $3.4 billion. AIG, the largest commercial insurer in the United States and ...
AIG Targets Wealthy Canadian Clients With Home Construction Risk Reduction Program
AIG launched a new risk-reduction service for wealthy clients in Canada whose high-priced homes are under construction. The mega-property-casualty insurer said that its AIG Insurance Company of ...