Growth Initiatives
New Product Alert: XL Catlin, Aon Benfield, AIR Worldwide and More
XL Catlin recently unveiled new commercial crime insurance for the U.S. market. The policy is available on a primary, excess and quota share basis with policy limits up to $25 million. It includes ...
Towers Watson Embraces the Cloud with $15M Canadian Tech Company Acquisition
Towers Watson will buy up a Canadian tech company for more than $15 million. The deal is designed to boost its insurance technology/cloud computing offerings for property/casualty carriers as well as ...
Actuaries, Analytics Pros in Hottest P/C Insurance Talent Markets: Labor Study
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 ...
Qatar Re Will Switch Its Corporate Domicile to Bermuda
Qatar Re will transfer its seat of incorporation from the Qatar Financial Centre to Bermuda, during the 2015 fourth quarter. The move, subject to regulatory approvals, is designed to expand the ...
Allstate Using Promise of Retail Therapy to Entice Safer Driving
Allstate believes it can entice customers to drive more safely with the promise of retail therapy. In theory, the added benefit could also attract new clients. The Illinois based multi-line insurer ...
Zurich, EagleEye, Launch 14-Month Predictive Analytics Tech Test
Zurich Insurance Group will test a South Carolina company's predictive analytics technology in a 14-month trial. Zurich's deal with EagleEye Analytics is part of its global advanced analytics ...
Zurich Insurance Makes Conditional $8.8B Offer For RSA
RSA Insurance Group Plc rose in London after Switzerland's Zurich Insurance Group AG made a conditional offer to buy the company for about 5.6 billion pounds ($8.8 billion). The shares increased 4.8 ...
Willis’ Australian Arm Acquires CKA Risk Solutions
Willis Australia, part of global broker Willis Group Holdings, has expanded its presence in Western Australia with the acquisition of CKA Risk Solutions. Terms of the transaction were not disclosed. ...