Strategy
XL Unveils Sharia Compliant Equine Cover Through Lloyd’s of London
XL Group has rolled out what it bills as the first Shariah compliant product available through Lloyd's of London – cover for horses. Offered with Cobalt Underwriting (a specialist Shariah compliant ...
Asia Growth Expected from Beazley Lloyd’s Syndicate Pact With Korean Re
Beazley and Korean Re announced a partnership to develop business together and to set up a special purpose syndicate at Lloyd's, Syndicate 6050. "We hope this collaboration will enable Beazley to ...
AIG Brings on Kaiser Exec As First-Ever Chief Technology Officer
American International Group Inc., the largest commercial insurer in the U.S. and Canada, named Michael Brady to the new post of chief technology officer as Chief Executive Officer Peter Hancock ...
AIG Plans to Go Global With Commercial Drone Underwriting Strategy
Now there are three. American International Group disclosed it is the latest insurer to win Federal Aviation Administration approval to operate commercial drones, following similar actions with USAA ...
Strategies for Coping With a Tsunami of Regulations
Once upon a time, insurance regulation for U.S. companies was pretty straightforward. But then came 2008. Things changed. The influencers if not the direct regulators of U.S. insurance companies have ...
Innovative Game-Changer or Dud: How to Figure Out Which One is Which
CEOs and managers in companies of every size face this problem all the time: When someone pitches a potentially game-changing idea, how do they know if the innovation has a chance of working? Will it ...
ACE Absorbs Fireman’s Fund Business and Seeks High-End Canadian Clients
More than three months after ACE Group said it would snatch up Fireman's Fund's U.S. high-net-worth personal lines business from Allianz for $365 million, the deal is finally closed. ACE isn't ...
XL Launching VC Initiative to Fund Innovation
XL Group has announced the creation of a new venture capital initiative, XL Innovate. XL Innovate will be financially backed by XL and will invest in companies that have a strategic focus on ...