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The trend of "uberization"—industry disruption caused by an unlikely outside competitor—has become a key concern of executives in and outside the insurance industry, according to a new IBM study ...
Change is underway to reshape some ailing General Insurance business at Zurich Insurance Group, according to the new chief executive for the unit, who described a corrective focus on profitability ...
Taking a long-term view of things isn't just good advice for liability insurers writing long-tail casualty business. It also makes sense of property/casualty managers and executives who feel as if ...
William R. Berkley's last earnings conference call as chief executive officer of the company that bears his name lasted just over 20 minutes, with a lack of questions about a less-eventful quarter ...
As a pure reinsurer, TransRe stands apart from hybrids that combine both primary insurance and reinsurance in their operating models. And that's a situation that CEO Michael Sapnar expects to ...
Insurers covered $500 billion in catastrophe losses in the last 10 years. That huge number appears in Swiss Re's recent sigma report, "Underinsurance of Property Risks: Closing the Gap." It's hardly ...
In spite of rumors swirling around Bermuda companies about potential mergers and acquisitions, Mark Lyons, chief financial officer of Arch Capital Group Ltd., said his company, a specialty insurer ...
An unhappy customer arrives at the office of an insurance company executive by limousine to discuss concerns about the company's service. The scenario may not seem typical unless you're the CEO of an ...
Opportunities for premium growth and for greater relevance are waiting to be tapped by insurers willing and able to cover corporate "giga losses" and take shares of U.S. mortgage credit risks, ...
In spite of fading carrier optimism about revenue growth and increasing activity on the M&A front, unemployment in the insurance industry remains near an all-time low. For carriers, that means ...
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