Strategy
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 ...
NOAA Forecast: Up to 6 Hurricanes This Season on Atlantic Coast
The government's weather center is forecasting that this year's Atlantic hurricane season that begins June 1 will be an active one, perhaps even extremely active, during its six months. Experts at ...
Insurers Oppose Pittsburgh Corning Bankruptcy Exit Plan
Insurers fighting Pittsburgh Corning Corp.'s reorganization have asked a judge to rescind her initial approval of the building-supply company's plan to exit bankruptcy. U.S. Bankruptcy Judge Judith ...
Pace of Middle Market M&A Steady: Research Report
Merger and acquisition in the middle market is flat in 2013, according to a first-quarter research report, which attributes the finding to a stalled economy, challenges in Washington around tax and ...
AIG to Invest $92.5M in China P/C Insurer
American International Group Inc. (AIG), which sold much of its stake in the Asian insurer AIA Group several years ago to help pay back the federal government for its bailout, is moving to reinvest ...
CFOs Express Growing Confidence in U.S. Economy
During the past year, chief financial officers (CFOs) have grown significantly more confident in the U.S. economy. The 2013 Spring CFO Survey from Grant Thornton LLP reveals that 45 percent of ...