Strategy
American Safety Being Sold; Fairfax Financial, Tower Group Buying Parts
Fairfax Financial Holdings Limited and American Safety Insurance Holdings, Ltd. have entered into a $306 million merger deal, with Fairfax acquiring all of the outstanding shares of American Safety ...
Benefits & Implications of State Workers’ Compensation Fund Modernization and Privatization
State workers' compensation funds currently face several challenges that result from the overall state of the workers' compensation insurance market and their standing as quasi-government entities. ...
Vote on Systemically Risky U.S. Non-Banks Expected
U.S. regulators plan to vote next week on whether to label some non-bank companies a potential risk to the financial system, a move that would put them under heightened Federal Reserve supervision, ...
European Companies’ Optimism for China Fading: Survey
European companies' optimism for business prospects in China is declining amid slowing growth, rising labor costs, regulatory obstacles and intensified competition, a survey showed. Optimism for ...
AIG to Form Agency Distribution Channel with People’s Insurance Co. of China
American International Group Inc., People's Insurance Company of China (PICC) and PICC Life Insurance Co. Limited (PICC Life) said that they have entered into a joint venture agreement to form an ...
Nonorganic Growth Strategies: Building Niches With Lift-Outs & Bolt-Ons
You are the president or CEO of almost any size property-casualty company. You have just met with your board of directors, and their clear direction is that growth is needed. In the competitive soft ...Zurich Insurance Plans China, Saudi Expansion
Zurich Insurance Group AG plans to expand in China and Saudi Arabia as the insurer seeks to capitalize on economic growth in the world's second-biggest economy and largest oil exporter. Switzerland's ...
Will Berkshire’s New Specialty Group Rocket Past Ironshore With $5B In Premiums?
"Word on the street" is that Berkshire's specialty lines unit, headed up by four executives who recently left American International Group, is gearing up to write a $5 billion book of business, a ...