Strategy
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 ...
Report: AIG Wants At Least $450M For Luxury South Korean Hotel
AIG Global Real Estate, a unit of American International Group Inc., is seeking at least $450 million from the sale of a luxury hotel in the South Korean capital, people with knowledge of the matter ...
Toronto, Worried About Safety & Liability, Seeks Uber Shut-Down
Toronto is asking a court to order the mobile car-booking service Uber Technologies Inc. to shut down in North America's fourth-largest city. Uber has been operating in Toronto since 2012 without a ...