News
RMS Keeping an Eye on Hurricane Matthew
Catastrophe risk modeler RMS is keeping an eye on Hurricane Matthew, one of the most powerful North Atlantic hurricanes in recent history. Matthew, which briefly reached Category 5 strength on Oct. ...
Praedicat Signs Swiss Re to New Liability Insurance Risk Modeling Platform
Praedicat, a liability catastrophe modeling company, released its new liability insurance risk modeling platform and says it has secured Swiss Re as its first licensee. The new platform, known as ...
AIG Transfers 25,000 Brazilian Auto Policies to Porto Seguro Unit
American International Group Inc.'s business in Brazil agreed to transfer about 25,000 auto policies to a unit of Porto Seguro SA as the U.S. company scales back its international businesses. The ...
AXA CEO Reportedly Denies Plans to Merge With Large Rivals
French insurer AXA has no plans to merge with large rivals, its chief executive told a German newspaper, responding to recent speculation about a possible takeover of Italian peer Generali. "That ...
London Insurance Market Will Test Catastrophe Response: Hiscox Chair
The London insurance market plans to test its response this month to a major catastrophe on the scale of the 9/11 attacks, the chairman of insurer Hiscox said on Tuesday. While insurers have coped ...
Executives On The Move at Hamilton, CNA, Western World and State Auto
An AIG vet signed up to run Hamilton Insurance Group's USA arm. CNA has a new executive for its Customer Segments division. Western World Insurance Group appointed a new director of risk management. ...
Hiscox, American Family-Backed Startup Unveils Small Business Digital Insurance Marketplace
Bunker, a Hiscox and American Family-backed startup billing itself as the first contract-related insurance marketplace, has officially left stealth mode and unveiled its first product. The target ...
CEOs Succeed by Making Time Alone to Think
One way the best CEOs get important work done is by pulling partially back from their executive staff in order to think and focus. Bain & Company partner James Allen argues that this is an ...