Strategy
AIG Moves Investment Exec Schreiber to M&A Leadership Role
American International Group Inc. named dealmaker Brian Schreiber chief strategy officer as the insurer shifts to expanding through acquisitions after years of contracting through asset sales to ...
Cyber Risk Shortfall: Company Property Assets More Broadly Protected Than IT
A new industry survey underscores how companies aren't yet adequately covering their information technology risks, even as as cyber vulnerabilities rapidly become more costly and serious. Among the ...
Building Advanced Analytical Capabilities to Deliver Business Value
In the words of XL Catlin CEO Mike McGavick, we face "the imperative for robust use of advanced data and analytics." It's an imperative that XL Catlin has taken very seriously, for several reasons. ...
Insurity Grabs Oceanwide in Bid to Build Bigger P/C Industry Software Provider
A Connecticut company that supplies software, data processing and analysis for property/casualty insurers and agents has snatched up a Canadian rival in a bid to diversify. Insurity said it has ...
XL Catlin Chooses Ex-Citibank CEO as Board Chairman
XL Catlin has chosen a former Citibank CEO as its new, post-merger chairman of the board. Eugene McQuade will fill the top board slot after having served as a director with parent XL Group since ...
EXOR, Playing M&A Hardball, Buys Stake in PartnerRe and Raises Bid
EXOR SpA upped the ante in the takeover battle for PartnerRe Ltd., raising its bid by 5.8 percent in a final push to beat out rival AXIS Capital Holdings Ltd. for control of the reinsurer. EXOR, the ...
Ex-NYS Insurance Superintendent Joins Guy Carpenter in Leadership Role
Guy Carpenter is bringing on a former New York State insurance superintendent in a bid to boost its regulatory advisory-prowess. The risk/reinsurance broking advisory firm said that James Wrynn will ...
ACE Aims For U.S. Middle Market With Expanded Excess Casualty Coverage
ACE Group is aiming for the U.S. middle market with the launch of expanded excess casualty coverage for companies with complex risk exposures. The insurer said its enhanced offerings will come ...