Strategy
Swiss Re Appoints Leader for ReAssure as it Mulls Possible IPO
Swiss Re named a chief executive officer for its British closed book business ReAssure on Monday as the Swiss reinsurance company prepares the business for a possible initial public offering (IPO). ...
An Instagram Strategy Can Help Create the Next GEICO Gecko
I recently moved to New York City from a comfortable, tree-lined New Jersey suburb, leaving behind three floors, a basement, a backyard and side porch for 1,000 square feet on busy West 55th Street. ...
AIG Returns to CLO Market for First Sale Since 2008 Financial Crisis
American International Group Inc. has returned to the red-hot collateralized loan obligation market as an asset manager with its first sale since the financial crisis. The $500 million transaction is ...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Furthering Diversification Strategy
Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government's development finance institution, which furthers the ...
Ironshore Bermuda Rebranded as Liberty Specialty Markets; Horton to Lead
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is integrating its Ironshore Bermuda businesses and brands into a single entity called Liberty Specialty Markets Bermuda. The ...
Flood Insurance, Terrorism Cover, FIO Will Be on the 2019 P/C Congressional Agenda
Reform and long-term renewal of the National Flood Insurance Program will be high on the property/casualty insurance industry's agenda when the new Congress begins its work in January 2019. Congress ...
Carriers Will Increasingly Turn to the Cloud in 2019: Deloitte Prediction
Insurers are poised to increasingly embrace the cloud and related technologies in 2019, according to predictions Deloitte makes in a new report. Deloitte argues that for the insurance industry, an ...
Applied Systems, Others Pursue Risky Practice of Acquiring Incremental Debt
First the companies tapped the loan market. Not long after that, they came back for more. Corporations like Bausch Health Cos., a drugmaker, telecom provider Sprint Corp. and Applied Systems Inc., an ...