Strategy
RenRe Hopes to Close $1.9B Platinum Acquisition on March 2
RenaissanceRe Holdings expects to close its $1.9 billion cash-stock acquisition of Platinum Underwritings Holdings on March 2, assuming an upcoming shareholder vote goes its way. The Bermuda-based ...
Executives On The Move at Berkshire Hathaway Specialty, PCI and OdysseyRe
Berkshire Hathaway Specialty Insurance, OdysseyRe and the Property Casualty Insurers Association of America have each recently made new executive appointments. Here are the details: Berkshire ...
How Zurich North America Commercial Moved From Red to Green
When the chief executive officer of Zurich North America Commercial (NAC) first came to work at the company in 2006, he had a decade of experience at McKinsey under his belt and a BlackBerry in his ...
Farmers Transformation Focuses on ‘Smart’ Service to ‘Smart’ Customers
A Facebook friendship and a car accident are two of the three factors that prompted the former chief marketing officer of Best Buy to take on the same role at Farmers Insurance in late 2011. The last ...
$5B is Magic Number for M&A Deals: Catlin CEO
Stephen Catlin, who is selling his Lloyd's of London insurer to XL Group Plc for $4.2 billion, expects the pace of mergers among smaller insurers to gather pace. "Anyone who has got a market value of ...
QBE North America CEO Duclos: Clarity Is Key in Transformation
When you set out on a multiyear journey to transform a property/casualty insurance company, you need to win the hearts of employees involved in the process, the executive leading the turnaround of ...
Zurich Commercial Transformation: From Conventional Wisdom to Data-Driven Pricing Insights
The merchants, captains and ship owners who congregated in Lloyd's Coffee House in the late 1600s, where they discussed shipping and insurance deals, could not have predicted that their hunches ...
Towers Watson: Insurers Worry About Flat Growth and Low Interest Rates
Most insurers expect business conditions to remain flat or even become worse over the next few years. Within that context, regulatory changes and continued low interest rates remain their top ...