Strategy
Cyber Thiefs are Stealing Corporate Secrets to Game the Stock Market
Security researchers say they have uncovered a cyber espionage ring focused on stealing corporate secrets for the purpose of gaming the stock market, in an operation that has compromised sensitive ...
Arch Agrees to Take Full Ownership of Gulf Re
Arch Capital Group Ltd. agreed to take complete ownership of Gulf Reinsurance Ltd. after losses on a venture that was backed by oil-producing nations. Arch will also take on liabilities from ...
Why Underwriters Should Require Business Continuity Plans From Insureds
True or False? Companies that identify and develop disaster avoidance, mitigation, response and recovery plans are likely to suffer fewer strategic, financial and operational losses and less adverse ...
$1.9B Deal for Platinum Gives RenRe Bigger U.S. Casualty Share
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...
AmTrust Makes Offer for Specialty Auto Insurance Co.
AmTrust Financial Services will snatch up CorePointe Insurance Co., a deal intended to give it a better roster of specialty commercial auto insurance products. Neither side is disclosing financial ...
Marsh & McLennan Division to Grab Investment Management Firm
Marsh & McLennan Cos., the largest insurance broker by market value, agreed to buy SCM Strategic Capital Management AG as its Mercer unit expands in alternative investments. SCM, which oversees ...
Risker P/C Industry Investments Likely as Returns Taper Off: Conning
The property/casualty insurance industry could very well see pricing taper into negative territory in 2015. Faced with that reality, plus low interest rates, companies may find them selves forced to ...
Swiss Re Americas CEO: Underserved Markets Ripe for Insurance Innovation
Underserved populations and market niches are ripe with potential for insurance innovators who are willing to take on the challenge of creating opportunities in areas that may seem unprofitable at ...