Strategy
RSA Shareholders Brace For Lowball Bid From Possible Suitor Zurich Insurance
Shareholders in British insurer RSA are bracing for a lowball bid from prospective suitor Zurich Insurance, putting one of Europe's largest ever insurance deals in doubt. After flagging its interest ...
Leaders Review Failures, Successes and Joint Innovation Efforts
Failing to innovate is no longer an option in the property/casualty insurance industry, according to leaders who say that a tolerance for ill-timed or less-than-perfect product launches is better ...
P/C Insurers Blocking Their Own Roads to Innovation
Property/casualty insurers face a number of external obstacles on the road to delivering more innovative products and reimagining their operations, but the ones that really get in the way come from ...
Industry ‘Groping in Dark’ to Attract Millennials, Duperreault Says
Boring is not a description of the insurance industry that sits well with Brian Duperreault. But it's one that the majority of millennials use to explain why insurance has little appeal as a career ...
Industry Consolidation: Too Fast for Some
There are many reasonable and compelling factors driving the ongoing consolidation of the property/casualty insurance industry, from a sheer overabundance of capital to an overwhelming need to reduce ...
P/C Insurers Vary Widely in Catastrophe Claims Staff Compensation
Property/casualty insurers vary widely in their approach to compensating claims staff and managers as they respond to catastrophes, according to a new study from Verisk Analytics' Property Claims ...
Novarica: ‘Agile’ Methodology Is Transforming Insurance Industry IT Development
In the last seven years, the use of agile methodology across the insurance industry has gone from zero to 90 percent. The agile model, a newer software development approach, involves more ...
Berkshire Hathaway Hints Another New Purchase May Be Coming
Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing ...