Strategy
Eight Lloyd’s Syndicates Commit $400M Capacity to Fill Cat Protection Gap
Eight Lloyd's syndicates are joining forces to tackle the problem of underinsurance in emerging economies across Latin America, Africa, and Asia—committing capacity of $400 million towards ...
Zurich Exiting P/C Business in Middle East
Zurich Insurance Group Plc said it will stop writing general insurance business in the Middle East at the end of month because of the "limited potential" for profitable growth. The decision to exit ...
AIG Life Books May Be On the Block: Bloomberg Report
American International Group Inc., the insurer being pressured by activist investor Carl Icahn to boost returns, is considering the sale of blocks of life policies, according to people familiar with ...
Hamilton Insurance Expands Into Space and Professional Lines
Hamilton Insurance Group plans to expand into space and professional lines, and has hired two senior underwriters to lead the effort. The expansion work will be through Hamilton Underwriting Ltd., ...
Actuaries vs. Underwriters: Can Analytics Bring Them Together?
It's bad enough that property/casualty insurance companies are trying to fend off competitors in their own industry—and potential disrupters from outside—both vying to steal good risks away at ...
Raised M&A Offer Possible as Willis/Towers Watson Adjourn Shareholder Merger Votes for 2 Days
Towers Watson & Co said it adjourned a shareholder meeting on Wednesday after failing to muster enough support for its $18 billion merger with insurance broker Willis Group Holdings in a move ...
Watch This Video: PCI’s Wienecke Outlines Bipartisan Industry Agenda
A replacement collision parts bill. State-based regulation. Flood insurance. These are some of the high priority legislative issues for the Property Casualty Insurers Association of America this ...
Willis, Ebix Eye 1,000-Plus Carriers With Launch of Global Electronic Accounting Platform
Willis Group Holdings and Ebix, Inc. are targeting more than 1,000 carriers with a new a global electronic accounting platform designed to help speed cash flow and settle claims more quickly for ...