Emerging Markets
‘Almost Pointless’: KBW’s Take on AIG Mortgage Insurance Spinoff Plan
American International Group Inc.'s plan to spin off a portion of its mortgage insurance unit is "almost pointless" given the challenges that Chief Executive Officer Peter Hancock faces to fix the ...
Executives On The Move at Ironshore, BHSI and Lloyd’s
Ironshore named a new global energy industry practice leaders. Berkshire Hathaway Specialty Insurance has a new head of claims tasked with handline a line expansion. Lloyd's hired a regional director ...
Climate Change, Mass Migration Top World’s Major Risks: World Economic Forum
Failure to mitigate and adapt to climate change is the global risk with the greatest potential impact in 2016. The risk ranked as most likely: large-scale involuntary migration. Both are major ...
Seven Ways to Embrace a Customer-Centric Culture
The success of any business depends upon customer satisfaction. The cost of acquisition is high. Retention is vital, particularly in today's volatile market, where competition is driving prices down, ...
Swiss Re Joins Urban Catastrophe Recovery Initiative
Swiss Re is linking with a French utilities company and a U.S. non-profit to help cities better protect key infrastructure and recover more quickly after catastrophe strikes. Specifically, Swiss Re ...
AIG Faced Investor Pressure Long Before Icahn
American International Group Inc. knows what it's like to be circled by hawks. Under pressure in 2009 to repay the insurer's bailout, company executives were in a race to sell assets. Then Robert ...
Mid-Sized P/C Carriers Increasingly Embracing IT Outsourcing: Novarica
Large numbers of insurers are relying on at least some form of information technology outsourcing to enhance their daily operations, Novarica found in a new survey of industry CIOs. The reason: ...
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...