Performance
Allianz Declines Comment on Report That it Will Sell Part of Fireman’s Fund
Allianz refused to comment Tuesday on a report that it will unload the personal insurance arm of Fireman's Fund, its U.S. subsidiary, due to repeated operating losses. "Allianz never comments on ...
Assurant Names New CEO in Wake of Home Insurance Business Drop
Assurant Inc. promoted Alan Colberg to be the next chief executive officer as the insurer confronts a slump in the sale of coverage for foreclosed homes. Colberg, 53, becomes CEO on Jan. 1 and ...
Munich Re at Monte Carlo: Predictions of Moderate Growth
While many expect the global property/casualty reinsurance industry to continue its downward pricing spiral, Munich RE predicts moderate growth for itself in the near future. The world's largest ...
Monte Carlo Consensus: Reinsurance Prices Will Keep Falling
Reinsurance prices will fall and worsening terms and conditions will spread to new classes next year as the industry competes for business, said reinsurers and brokers gathering at their annual ...
Alternative Capital Now 20% of Cat Re Total: Aon Benfield
We've heard for a while now that alternative capital is increasing its share of the overall catastrophe reinsurance market. Aon Benfield Securities estimates its stake has now reached 20 percent of ...
Allstate Hopes Timber, Real Estate will Boost Struggling Annuity Unit
Allstate Corp. is betting on timber and real estate to boost returns at a struggling annuity unit. "We do need to figure out what we do with our annuity business," Chief Executive Officer Tom Wilson, ...
Commercial Insurance Price Hikes Slowed Again in Q2
Commercial insurance prices continued to moderate in the 2014 second quarter. This time, they inched up 3 percent in aggregate, versus a 4 percent increase in the first three months of this year, a ...
Can That Deadline Wait? Changing Perception May Spur On-Time Project Completion
Completing tasks and crossing them off the ubiquitous "to-do" list is a great feeling. But what about those nagging tasks we keep putting off? What's the difference between those jobs that get ...