News
Benmosche to Recount AIG Turnaround in ‘My Fight’ Book
Robert Benmosche is working on a book about turning around American International Group Inc. Benmosche's memoir focuses on the five years he led AIG and is slated to be published in late 2015 or ...
Guy Carpenter Unveils U.S. Healthcare and Life Specialty Practice
In the wake of the Affordable Care Act and its expanded healthcare coverage in the U.S., Guy Carpenter & Co. has reorganized and expanded its effort to cater to healthcare providers and insurers ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
PCI, III React to Climate Change Report Slamming Insurers
A report on the insurance industry released last Wednesday shows "a profound lack of preparedness in addressing climate-related risks and opportunities." Insurance industry representatives ...
Top 10 Market Conduct Issues for P/C Insurers
A review of state insurance regulators' examinations of U.S. property/casualty insurers shows that claims-handling, underwriting and producer requirements continue to be the top criticisms. According ...
Eight P/C Insurers, Reinsurers Get Top Marks for Managing Climate Risk
Munich Re and ACE Limited are among nine insurers that are best prepared to manage risks related to climate change, a lobbying group said last week, including one life insurer on the list. The ...
W.R. Berkley CEO Challenges ‘Moral Commitment’ of Reinsurance Rivals
With the property/casualty reinsurance market hammered by soft rates and heavy competition from new sources of capital, W.R. Berkley Corp.'s Chairman and CEO questioned the "moral commitment" of some ...
Allianz Global Corporate & Specialty Reorganizes to Support New Growth
Allianz Global Corporate & Specialty SE (AGCS) is reorganizing its regional management structure to accommodate new growth. In a related move, it is launching a new business line targeted to ...
Allied World to Realign Most of Its Operations
Allied World Assurance Co. Holdings announced a realignment of most of its operations, the same day it disclosed 2014 third quarter earnings that reflected gains in pricing but hits on income due to ...