Strategy
XL Catlin’s McGavick on Innovation
This article is part of our insurance innovators interview series. Mike McGavick, Chief Executive Officer, XL Catlin Q1: In your view, what has been the greatest innovation in the P/C insurance ...
Building Customer Loyalty: It’s About Emotions, Not Just Fast-Food Delivery Times
"People may forget what you said. People may forget what you did. But they will never forget how you made them feel." Harley Manning cited the words credited to renowned poet Maya Angelou in a ...
EXOR Will Urge PartnerRe Shareholders to Reject AXIS Merger
EXOR lost its bid in a Bermuda court to obtain PartnerRe's non-public ownership details, losing access to information that would help it lobby shareholders directly about its $6.8 billion all-cash ...
Executives On The Move at W.R. Berkley, JLT Re, Ironshore and More
W.R. Berkley Corp. promoted three long-time executives at the company to the offices of executive vice president. Eugene Ballard, who has been with Berkley since 1999, has previously served as senior ...
AIG Reels in $3.7B From Expanded AerCap Public Offering
American International Group Inc., the largest commercial insurer in the U.S. and Canada, raised $3.7 billion in cash by selling AerCap Holdings NV stock in a larger- than-planned transaction. AIG ...
Insurers Now Able to Track Odometer Readings With Policyholders’ Smartphones
Property/casualty insurance information company Verisk Insurance Solutions is teaming with a technology firm to provide insurance companies with the ability to collect automobile odometer readings ...
EXOR Turns to SEC, Bermuda Lawsuit in Pursuit of PartnerRe
PartnerRe may be moving ahead on merger plans with AXIS Capital Holdings, but upstart bidder EXOR isn't going away quietly. The Italian investment firm disclosed that it is suing in a Bermuda court ...
The Hartford Seals Major League Baseball Sponsorship Deal
The Hartford sealed a multi-year sponsorship deal with Major League Baseball, becoming at least the second major carrier to do so in recent weeks. With the agreement in place, The Hartford is now an ...