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CEO Viewpoint: It’s No Longer Enough to Just Insure
Remote Work Saves Global Commuters 72 Minutes a Day: Study
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Brookfield Reinsurance to Acquire Insurer Argo Group in $1.1B Deal
The Hartford Net Income Down 19% in Q4

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InsurTech Spotlight: FloodFlash Is Closing Coverage Gaps with Parametrics
Technology Trends Unpacked at Big ‘I’ InsurTech Summit
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Allstate’s Plan to Return to Profit in Auto
Insurance Groundhogs Have Their Day: Some Primary Prices Need to Go Higher
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AM Best Downgrades California Earthquake Authority Credit Ratings
Recession Early Warning: More Misleading Earnings Reports
Laid Off Tech Workers Are About to Get Help—From Allstate
What to Expect: 7 InsurTech Predictions for 2023
Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
Tesla Competing With ‘GEICOs of the World’ to Lower Insurance Prices

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Insuring the Metaverse: Decoding Risk in a New World Opportunities Across the Metaverse for the Insurance Industry
FTX Liability Tentacles Spread Far
How Automation Can Help Manage the Underwriting Process
Insurance’s Wildfire Crisis: Three Keys for Rethinking Risk, Response

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4 quarterly issues of Carrier Management magazine every year.

Prem Watsa News

Indian Fintech Startup Digit Is Raising $200M to Boost Insurance Customer Reach

Indian fintech startup Digit boosted its valuation to $3.5 billion in a fresh funding round, gaining capital for its effort to win insurance customers via mobile technology. The company is raising ...

Fairfax CEO Watsa Snatches Up $149M of ‘Ridiculously Cheap’ Company Shares

Fairfax Financial Holdings Ltd. said Prem Watsa, its chair and CEO, has purchased in the market 482,600 subordinate voting shares of Fairfax for just under $149 million. "At our AGM and on our first ...

Watsa’s Fairfax Financial Holdings Loses $1.3B in Q1

Prem Watsa's Fairfax Financial Holdings lost close to $1.3 billion during its first quarter, due largely to unrealized losses on investments and market volatility over the coronavirus pandemic. The ...

Watsa’s Fairfax Discloses Q1 $1.4B Net Loss From COVID-19 Financial Markets Plunge

Fairfax Financial Holdings warned it is dealing with an estimated $1.4 billion net loss in the 2020 first quarter, largely because of COVID-19 and its adverse impact on the global financial market. ...

Canadian Pension Fund Will Buy Stake in Fairfax Runoff Unit Riverstone UK

Fairfax Financial Holdings Ltd. and OMERS, the pension plan for Ontario's municipal employees, announced they have entered into an agreement where OMERS will acquire a 40 percent interest in ...

Fairfax’s Watsa Gives ‘Mindboggling’ Takeover Testimony Leading to Shareholder Court Award

Canadian investor Prem Watsa was "purposely forgetful" and offered a "mindboggling" explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest ...

Executives On The Move at Fairfax Financial Holdings, Travelers and Alliant Insurance Services

Fairfax Financial Holdings Ltd. appointed a new chief financial officer. The Travelers Companies, Inc. named two executives as Co-Chief Investment Officer. Alliant Insurance Services hired an outside ...

Fairfax CFO Bonham Has Died; Varnell Appointed as His Interim Successor

Fairfax Financial Holdings Ltd. announced that, David Bonham, vice president and chief financial officer of Fairfax, died suddenly this past weekend. "The entire Fairfax family mourns the sudden and ...

Watsa’s Fairfax Financial Donates $1M Toward Flood Recovery/Relief in India

Fairfax Financial Holdings Ltd. said it is donating $1 million toward relief and recovery involving the recent floods in Kerala, India. The donation will be primarily through the Red Cross. Prem ...

Watsa’s Fairfax Financial Closes $1.6B Sale of Singapore Insurer to Mitsui Sumitomo

Fairfax Financial Holdings said it has successfully sold off a Singapore insurer it owned to Japan's Mitsui Sumitomo Insurance Company for $1.6 billion. The deal between the Toronto, Canada-based P/C ...
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News

  • Brookfield Reinsurance to Acquire Insurer Argo Group in $1.1B Deal

  • The Hartford Net Income Down 19% in Q4

  • Zurich Leads Series B Fundraise for Cyber InsurTech BOXX Insurance

  • Getty Images Lawsuit Says Stability AI Misused Photos to Train AI

  • Moody’s Downgrades SCOR’s Rating to A1 From Aa3 on Weakening Profits

  • Tech Bytes: New Partnerships at CNA, Swiss Re, HSB

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Contributors

Mike KeeganRealtor, Auto Dealer Partnerships Offer New Revenue Streams to P/C InsurersDan WoodsFive Lessons for Carriers to Launch Innovative Insurance ProductsMartha NotarasWhat to Expect: 7 InsurTech Predictions for 2023Jason KeckHow Automation Can Help Manage the Underwriting ProcessBenjamin StearnsIs the Broken Florida Homeowners Insurance Market Finally Fixed?Oliver BrewCyber Insurance Themes to Look Out for in 2023 See Our Contributors

Features

  • CEO Viewpoint: It’s No Longer Enough to Just Insure

  • Opportunities Across the Metaverse for the Insurance Industry

  • FTX Liability Tentacles Spread Far

  • What to Expect: 7 InsurTech Predictions for 2023

  • Looking Ahead—and Back to the Beginning

  • CEO Reflections: Thoughts on Long-Term Leadership and My Career

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