Strategy
Why Google’s Online Insurance Experiment Failed: The Insurance Industry Sounds Off
The insurance industry had a lot to say about what Google did wrong a day after the search engine giant said it would be pulling the plug on its year-long Google Compare experiment selling auto ...
New Swiss Re CEO Mumenthaler to Replace the Retiring Liès
Swiss Re AG named Christian Mumenthaler, a 17-year veteran of the company who heads the main reinsurance unit, as chief executive officer from July 1. He will succeed the retiring Michel Liès. ...
Exclusive: Google Reportedly Will Shut Down Online Insurance Site
It appears Google Compare's grand experiment in online comparison shopping for auto insurance is dead – for now at least. Insurance Journal has learned that two of Google Compare's major partners ...
Best Practices for Adopting Advanced Analytics: McKinsey & Co.
Successful adoption of advanced analytics can give carriers a huge competitive advantage, helping them visualize key trends, predict future outcomes and prescribe actions. But carriers have only ...
Zurich Insurance Is Reportedly Planning to Sell Morocco, South Africa Units
Zurich Insurance Group AG has started a process to sell its units in South Africa and Morocco as it works toward turning around its money-losing insurance operations, according to people familiar ...
Nationwide Hopes NASCAR’s Dale Earnhardt Jr. Will Highlight Broad Product Roster
Dale Earnhardt Jr. is again resurfacing as a Nationwide spokesperson, with new television commercials set to debut during the Daytona 500 on Feb. 21. The professional stock car racing driver and son ...
As Price Plunges Continue, Reinsurer Loss Buffers Are Drying Up: Allianz Re
Reinsurers are running out of claims reserves that they can release to boost profits as pricing continues to fall, according to the head of Allianz SE's reinsurance unit. "I don't think there are too ...
PartnerRe Shareholders to Get $42.7M as Part of EXOR Acquisition
PartnerRe disclosed that holders of its preferred shares will get a $42.7 million cash payment – one of the final steps needed when Italian investment firm EXOR acquires it in a $6.9 billion deal. ...