Strategy
The Latest Launches From Chubb/Aon and AGCS
Chubb and a catastrophe modeling firm will partner to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Allianz Global Corporate & Specialty ...
Berkshire Hathaway Confirms Sale of Workers Comp Unit; ‘Channel Conflict’ to Blame
In a rare move, Berkshire Hathaway is selling one of its companies, leading workers' compensation specialist Applied Underwriters, in order to avoid conflict with its other workers' compensation ...
Liberty Mutual, Allianz, Generali Reportedly Seeking to Invest in BBVA Insurance Arm
European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The ...
Great Leaders Dive Right Into Turbulence, With a Plan and Clear Goals
Great leaders never run from turbulence. Instead, they dive right into it, with a goal of improving the situation. That's the conclusion forwarded in a recent Leadership Freak blog posting by ...
Pool Re Sells First Terror Catastrophe Bond
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year ...
Argo Shareholder Accuses CEO Watson of Pursuing ‘Shockingly High’ Corporate Expenses
An Argo Group shareholder is nominating four new directors to counter what it alleges are "shockingly high" corporate expenses including pricy real estate, an office art collection, and CEO Mark ...
China’s Ping An Insurance Reportedly Planning Massive IPO for Fintech Unit
Ping An Insurance (Group) Co., China's largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about ...
Buffett’s Berkshire Hathaway Reportedly Negotiating to Sell Workers Comp Unit
Warren Buffett's Berkshire Hathaway Inc is in advanced discussions to sell its Applied Underwriters workers compensation unit to a consortium of insurance firms, people familiar with the matter said ...