Markets
Qatar Insurance Hit With S&P Outlook Downgrade Over Loan Acquisition Risks
S&P Global Ratings said it revised its outlook on Qatar Insurance Co. S.A.Q. (QIC) to negative from stable, although it has affirmed the group's "A" rating. When QIC acquired four of ...
Disaster-Prone Philippines Taps Catastrophe Bonds
The Philippines, among the world's most disaster-prone nations, sold its maiden foreign-currency catastrophe-linked bonds to help cover costs of major calamities, in conjunction with the World Bank. ...
Generali Reportingly Prepping a Bid for MetLife European Assets
Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said. The Italian insurer has been ...
How Do Brokers Stay Relevant? Be Nimble With Your Value Props
Commercial brokers, the future is bright. As you contend with an increasingly automated, digitally-enhanced insurance industry, rest assured your expertise remains valuable for your clients. That is, ...
Good Leaders Celebrate Progress, Find Perspective in the Face of Failed Projects
Not every company project is successful. Good leaders remember to celebrate progress made and help their teams gain perspective about the bigger picture, according to a recent posting on the Lets ...
PURE, Soon to Join Tokio Marine, Hires AIG Vet as Chief Growth Officer
A veteran Chubb and AIG executive is joining the PURE Group of Insurance Companies as its chief growth officer. Jerry Hourihan will also be given the title of senior vice president. In his new role, ...
W.R. Berkley Corp. Blends Two of Its Healthcare Units Into One
W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strengthen how it offers their products to customers. BerkleyMed and Berkley Healthcare are now ...
Opinion: ‘Unique’ Wildfire Blackouts Could Hit California for a Decade
California utility PG&E Corp has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade. PG&E ...