Markets
Swiss Re Profit Beats Estimates as Reinsurer Boosts Cost Cuts
Swiss Re AG's first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts. Profit for the second ...
Who Gets Credit for Successful Renewal During Soft Re Market?
One theme that has come up repeatedly in conversations with reinsurance brokers recently is that achieving a good renewal outcome is no longer always enough to demonstrate value. That would have ...
Everest Agrees to Sell Mexico Insurance Ops to Fairfax Financial
Everest Group Ltd., the Bermuda-based specialty insurer and reinsurer, announced it has entered into a definitive agreement to sell its Mexico insurance operations – Compañía de Seguros Generales ...
Global Wildfire Surge Hits U.S., Propelled by Rising Temperatures
The U.S. is enduring one of its worst wildfire seasons in years, with blazes scorching millions of acres. It's part of a global pattern of hot, dry conditions that favor fires becoming more common ...
Another M&A Deal: AXIS Acquiring DUAL NA XS Liability Biz
AXIS Capital announced that it has agreed to acquire the renewal rights to the excess liability business of DUAL North America ("DUAL"). DUAL is a specialty program administrator and part of DUAL ...
Supply Chain Insurance Is ‘Must-Have’ Cover During Geopolitical Tensions: GlobalData
Supply chain insurance is seen by businesses as must-have protection during periods of geopolitical tensions -- in order to safeguard their daily commercial operations, according to GlobalData, the ...
The Hartford To Acquire Equitable’s Employee Benefits Biz
In a deal designed to boost The Hartford's growth in the small and midsized employer segment, the Connecticut-based insurer announced a deal to acquire Equitable's Employee Benefits business, ...
Design the Team Before You Design the Solution: Commercial Trucking Case Study
Most of us recognize that groundbreaking innovations are rarely developed by individuals but by exceptional teams. So, how can we design teams that deliver new solutions to familiar problems? In this ...