Strategy
Berkshire Hathaway Launches New Multiple Coverage Insurance for Small Businesses; Buffett Endorses
Berkshire Hathaway's Insurance Group is launching a new comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate's legendary chairman has endorsed ...
Wealth Fund Will Press Firms It Invests in to Reveal Climate Data at Annual Meetings
Norway's $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more data on greenhouse gases they emit and how they adapt to climate change during the coming annual general ...
Insurer Pledges Student Loan Relief if Employees Give Up Vacation Days
Starting next year, U.S. employees at insurance company Unum Group will have a choice: The company will put money toward their student loans, if the worker gives up five paid vacation days. The new ...
Chubb CEO Greenberg Downplays Strength of New High-Net-Worth Personal Lines Rivals
Chubb's high-net-worth personal lines insurance business may have some new competition, but Chairman and CEO Evan Greenberg and a key executive say those rivals haven't made much of a dent. "From my ...
Waymo Reportedly Talking With Renault/Nissan/Mitsubishi About Autonomous Taxi Project
Waymo is in advanced talks to develop autonomous cars with Renault SA, Nissan Motor Co. and Mitsubishi Motors Corp., according to people familiar with the matter, in a move that would join a leading ...
The Latest Launches From Beazley and Sompo International
Beazley has combined its cyber and executive risk capabilities into a new division. Sompo Global Risk Solutions (GRS) will offer specialized property and liability protection to U.S. banks and ...
Hiscox, Chubb Among Investors With CoverHound’s New $58M Series D Financing
Multiple carriers participated in CoverHound's new $58 million Series D financing, money the online insurance comparison shopping platform plans to use to fuel global expansion. Hiscox led the round, ...
SCOR’s CEO Counters Angry Investors With Promises of New Strategy
French reinsurer Scor's Chief Executive Denis Kessler promised on Tuesday to release a strategic plan that would set new targets for the company, in a move to assuage an activist fund that questioned ...