Strategy
QBE North America Rolls Out M&A-Related Transactional Liability Practice
QBE North America is launching a new transactional liability practice designed for clients involved in mergers and acquisitions. The initiative reflects its latest expansion into other specialty ...
With Restructuring Complete, Hartford’s Risk Appetite Expanding: CEO Swift
When Liam McGee and Christopher Swift began their stints as chief executive and chief financial officer at The Hartford in late 2009 and early 2010, both outsiders sensed the need to work on ...
GEICO Wants to Expand Ridesharing Policy Nationally: CEO Nicely
Giant auto insurer GEICO plans to roll out its new ridesharing insurance policy across the country, according to the company's CEO. "We want to insurer Uber drivers," GEICO CEO Tony Nicely told Liz ...
Aspen Plans $500M Share Repurchase Program
Aspen Insurance Holdings Ltd. announced plans to move ahead with a $500 million share repurchase program in 2015. The plan is effective through Feb. 6, 2017, and enables Aspen to pursue share ...
Warren Buffett Wants to Buy More Companies Abroad
Billionaire investor Warren Buffett said on Wednesday he is likely to buy a small business in Western Europe and he would like to buy more businesses abroad. "We'd like to buy more businesses around ...
AIG Exec to Lead Berkshire Hathaway Specialty Insurance’s Energy Risk Expansion
Berkshire Hathaway Specialty Insurance said its U.S. property underwriting division will now include energy and related technical risks, and an AIG executive has been named to lead the new line of ...
AXIS CEO Benchimol Sticks to Script on $11B PartnerRe Merger Deal
Early on in the fourth-quarter earnings call for AXIS Capital Holdings Ltd., company president and CEO Albert Benchimol warned that he and his team would be able to say very little about a planned ...
Europe’s Bond-Buying Program Could Push Insurers Toward Riskier Assets: Analysts
The European Central Bank's bond-buying program may lead insurers to load up on riskier assets at the expense of financial stability, analysts at Sanford C. Bernstein said. Quantitative easing "might ...