Strategy
Munich Re to Snatch Up Australian Commercial Underwriter
Munich Re will team up with an Australian broker network to snatch up a commercial underwriter in that country and much of its business. The transaction is a bit complex. Munich Re, in its ...
Ex-AIG CEO’s $25B Bailout Lawsuit to Move Forward
A federal judge has rejected the United States' bid to dismiss a more than $25 billion lawsuit filed by Maurice "Hank" Greenberg, the former chief executive of American International Group, over the ...
Will Investors Give QBE’s CEO Enough Time to Finish His Revamp?
QBE Insurance Group Ltd.'s John Neal is shoring up the insurer's balance sheet by selling shares and assets. He still has work to do convincing bond investors that business is improving after three ...
Allianz Pushes Into Peru With Reinsurance Expansion
Allianz Group is expanding its industrial and corporate reinsurance business into Peru, a move the German company said reflects its continued focus on growth in emerging markets around the world. ...
German Insurers May Cover Country’s Infrastructure Funding Shortfall
Germany's insurers said they may back a government call to invest in infrastructure to help cover an annual 7 billion-euro ($9 billion) taxpayer shortfall to repair roads and bridges. The GDV, the ...
Cincinnati Financial: A Matter of Trust
There was a time when the words "financial services" and "trustworthy" seemed incompatible to many people. But according to Forbes magazine, Cincinnati Financial Corp. tops the list of America's most ...
Double-Digit Growth Rests on Pillars of Stability, Says CinFin CEO Johnston
Unless you work in one of the 1,467 select agencies that currently do business with Cincinnati Financial, you may not know that all of the carrier's field representatives work from their homes, right ...
MAPFRE’s U.S. Arm Jumps Into Life Insurance Market
The U.S. arm of Spanish insurance giant MAPFRE Group is getting into the life insurance business. MAPFRE U.S.A., the 19th largest provider of personal automobile insurance in the United States, said ...