insurance News
A.M. Best: Solid 2014 Reinsurance Results Won’t Continue
Two new reports from A.M. Best and the Association of Bermuda Insurers and Reinsurers point to relatively strong reinsurance underwriting results in 2014, but there's a catch. Much of the improvement ...
WSJ Documents Decline of The Southport Lane Insurance Empire
An insurance empire that included two insurance carriers, two offshore reinsurers, several buildings and other insurers' investments was built by a private equity firm in part on questionable assets ...
Internet Domain .insurance to Be Available by End of 2015
The top-level Internet domain ".insurance" should be available to the industry late this year, according to a financial services-backed organization that operates generic domains including ".bank." ...
Insurers Risk Falling Behind in Financial Sector Technology Race
At a time the financial sector is racing to embrace digital technology to boost sales and drive profits, the traditionally staid insurance industry is in danger of falling behind. Some insurers are ...
Africa is Luring Global Insurance Companies
Global insurance companies are flocking to Africa, where millions of people have started earning enough to afford business cover and protection for their families, said private equity firm LeapFrog ...
Get Your Insurance, IKEA-style
A new competitor is jumping directly into the insurance market – IKEA Group, the Swedish maker of stylish and affordable furniture. The Wall Street Journal reported that the company began selling ...
Assurant Names New Chief Investment Officer
Assurant Inc., an insurer of consumer electronics and foreclosed homes, promoted Eric Greenman to oversee a $16 billion investment portfolio. Greenman was named chief investment officer, effective ...
AXIS Builds Momentum With Broad Growth
AXIS Capital Holdings gave investors some cause for celebration with its midyear results. The Bermuda specialty insurer and reinsurer reported growth for its 2014 second quarter in nearly every ...