Reinsurance
Swiss Re CEO Mumenthaler Sees Value in Adding Anchor Shareholder
Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp. In a business where results can change radically ...
General Liability Erupts as New Casualty Insurance Problem, Plus 9 Other Marsh Market Predictions
Automobile liability has been the problem child for casualty insurers for years, but general liability is becoming the next trouble spot, Marsh asserts in a new report looking at the top 10 U.S. ...
Hamilton Insurance Group Reorganizes Lloyd’s Underwriting Operations
Hamilton Insurance Group said it has reorganized a key underwriting team involving its Lloyd's operations after the departure of two executives. Hamilton Underwriting Ltd.—the managing agency of ...
Finding Qualified Insurance Employees Remains a Challenge Even as Hiring Stabilizes
Fifty-eight percent of insurance companies plan to increase staff during the next 12 months, in part due to an expected increase in business and new markets, according to the Semi-Annual U.S. ...
AXIS’ A.M. Best Outlooks Revised to Negative; Struggling Insurance Arm Blamed
AXIS Capital Holdings' money-losing insurance segment has drawn the attention of A.M. Best, which revised its outlooks for the Bermuda-based carrier to negative from stable, based largely on its ...
Prudential Financial Will Buy 13.1% Stake in Peak Re
Prudential Financial is buying a 13.1 percent stake in Hong Kong-based reinsurer Peak Reinsurance Co. Ltd. The deal is taking place through a wholly owned subsidiary of Prudential Financial Inc. ...
Brexit Risks Making London Lose Ground to New York as Global Financial Center
The U.K.'s exit from the European Union will be a watershed moment for the City of London and weaken its role as one of the world's leading financial centers, Bundesbank Executive Board Member ...
‘Hyper-Learning’ Could Be Good Tool to Rapidly Transform Your Company
Hyper-learning — the process of continuously learning and unlearning — is a way to help transform companies and other large organizations trying to adapt in the Digital Age, a University of ...