Strategy
As P/C Companies Turn to Predictive Analytics, Some Underwriters are Wary
If you're wondering how important predictive analytics is becoming to property/casualty insurance companies, consider this: 56 percent of industry respondents in a new survey said they plan to start ...
Willis to Compete With Banks Pursuing Asia M&A
Willis Group Holdings Plc's Rafal Walkiewicz and Michael Guo, who were promoted last week to lead the investment-banking operation, are focusing on Asia as they vie with Wall Street in advising ...
Aspen and Starr to Jointly Underwrite International Property Insurance
Aspen Insurance and Starr Companies sealed an agreement to jointly underwrite international property insurance. Neither side is disclosing financial terms. But they'll focus on European companies ...
EXOR Avoids Hedge Fund Approach in $6.4B PartnerRe Bid
The Agnelli family's EXOR SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover. EXOR ...
TigerRisk Brings on Willis Vet Ursano as New President
TigerRisk Partners is bringing on a veteran Willis cat bond executive as its new president. The Connecticut-based reinsurance broking and risk/capital management firm said it has appointed Tony ...
Ironshore Boosts Global Property Energy Capacity As Sector Competition Soars
Ironshore's global property energy division boosted its capacity limits from $25 million to up to $35 million, even as the sector faces increasing competition in the face of plunging oil prices. ...
Ex-Goldman Dealmaker Becomes Willis Co-CEO of Banking
Willis Group Holdings Plc named Rafal Walkiewicz and Michael Guo co-chief executive officers of the investment-banking operation as the insurance broker seeks business arranging deals and betting on ...
U.S. CEOs Enjoyed a 12 Percent Pay Raise in 2014: Towers Watson
Chief executive officers of U.S. companies got a 12.1 percent pay raise in 2014, mainly driven by increases in the value of pension benefits, an analysis showed on Thursday. Towers Watson & Co, a ...