Strategy
XL Group CEO McGavick: His ‘High Stakes’ Deals Beat the ‘Roadkill’ that Followed
XL Group Plc Chief Executive Officer Mike McGavick said that while he shuns casinos unless he's with his mother-in-law, he's felt lately like he was sitting at a "high stakes table" as he made ...
Zurich Insurance Backs Global Approach to Boost Cyber Security
Oversight that transcends national boundaries is necessary to strengthen cyber security beyond current, outdated policies maintained by individual governments, a new Zurich Insurance ...
Consumers Conditionally Support Commercial Drone Use: Chubb Survey
As businesses and insurance companies alike push for use of commercial drones, consumers themselves only embrace them conditionally, a new Chubb survey found. A small majority – 59 percent of ...
Towers Watson: Global Insurers Increasingly Rely on Enterprise Risk Management
Close to 75 percent of global insurers insist they use enterprise risk management regularly to evaluate their business strategies, according to a new Towers Watson survey. At the same time, carriers ...
Berkshire Hathaway Specialty Insurance Jumps Into Australia Market
Berkshire Hathaway Specialty Insurance Company is moving into the Australian market. Executives launched operations for the insurer in Sydney. BHSI will offer property, casualty, financial lines and ...
Preparing Your Organization for Digital Transformation
There is little consensus in the insurance industry on what exactly is included in "digital strategy." Most insurers typically mean agent portals, customer portals, corporate sites and online ...
Munich Re’s Hartford Steam Boiler Invests in ‘Internet of Things’ Tech Startup
Munich Re's Hartford Steam Boiler made a seed stage investment in Waygum, a technology startup focused on building a mobile app platform for the Industrial Internet of Things. HSB isn't disclosing ...
Proposed IRS Rules Could Threaten Paulson, Highbridge Bermuda Ventures
Investment vehicles set up by Paulson & Co. and Highbridge Capital Management in tax-friendly Bermuda may be under threat from the U.S. Internal Revenue Service. The IRS, in proposed rules ...