Strategy
Markel’s Board Commencing Review of Go-Forward Business Structure
In spite of reporting operating earnings of $3.7 billion for 2024, Markel Group announced that the holding company for insurance and other businesses has decided to conduct a review of its business, ...
‘So Much More’: Nationwide Spends $1.25B For Allstate Employer Stop Loss Biz
Nationwide announced on Thursday that it has entered into a definitive agreement to purchase The Allstate Corporation's employer stop loss segment for $1.25 billion. Stop loss insurance protects ...
‘Underwriting Choices’ Added to Everest’s Social Inflation Woes: CEO
Social inflation wasn't the only factor that pushed the loss severity on the U.S. casualty book of Everest Group Ltd. up high enough to prompt a $1.7 billion loss reserve charge, the CEO said earlier ...
Central Insurance Reorganizes Into Mutual Holding Company Structure
Central Insurance, a property/casualty mutual insurance company, and its affiliates have reorganized under Ohio law into a mutual holding company structure, the company announced. The reorganization, ...
U.S. Insurance Deals Outlook: More, More, More
In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024, and predicted an active year in 2025 with brokerage and MGA deals leading the way. ...
Viewpoint: Strategies for Brokers as M&A Slows and Insurance Rates Soften
The insurance brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in recent years. High interest rates, historical ...
5 Questions to Ask to Identify Your Company-Specific Top Risks
There is no denying the popularity of top 10 lists. Whatever the subject—sports, music, literature, business, you name it—there is likely a top 10 list for it. Want to know the top 10 scariest ...
Commercial Lines Profit Growth: Execution Matters More Than Portfolio Mix
It is "how" commercial lines carriers execute their underwriting strategies, not "what" lines they write that is key to profitable growth for top performers, according to new research from McKinsey. ...