Strategy
W.R. Berkley Corp. Blends Two of Its Healthcare Units Into One
W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strengthen how it offers their products to customers. BerkleyMed and Berkley Healthcare are now ...
Mitsui Sumitomo Insurance Reorganization Plan Leaves A.M. Best Rating Unchanged
The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans ...
Arch Re to Snatch Up Aspen Re’s Global Credit and Surety Business
Arch Reinsurance said it will acquire global credit and surety renewal rights from Aspen Re, now that the latter company is exiting the line. Both parties have also agreed to start additional ...
A Corpse Adds to Old Mutual’s Ongoing Problems
Old Mutual Ltd. is in the spotlight again for all the wrong reasons. The 174-year-old insurer was forced to apologize after a grieving family brought a corpse to one of its branches so the company ...
Hamilton Insurance Places Acappella Syndicate Into Runoff
Hamilton Insurance Group Ltd. said it is placing Acappella Syndicate 2014 into runoff. Acappella is a third-party capital supported Lloyd's syndicate included in Hamilton's acquisition in August of ...
UK’s Aviva Decides to Keep China, Singapore Businesses After All
Aviva Plc, the U.K. insurer that's overhauling some businesses as part of its chief executive officer's turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest ...
Leaders Succeed by Knowing Their Team Members’ Individual Strengths
Not every team at an organization succeeds in its mission. One strategy that can help: Leaders should be fully informed about team members' individual strengths. A recent posting at the Leadership ...
Buffett’s Berkshire Hathaway Invests in Restoration Hardware
Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new investment in RH, boosting shares of the luxury furniture and home furnishings chain once known as Restoration Hardware. Berkshire ...