Performance
W.R. Berkley Excels in Q1 Save for Global Re Numbers
For W.R. Berkley Corp., sobering results from its global reinsurance division were a blemish on an otherwise successful 2014 first quarter, during which the Greenwich, Conn.-based company enjoyed ...
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Mortgage Insurer MGIC Rallies As U.S. Housing Market Improves
Mortgage insurer MGIC Investment Corp posted its highest quarterly profit since 2007 as fewer homeowners defaulted on their payments in an improving U.S. housing market, sending the company's shares ...
QBE Confirms Strategic Review of U.S. Mid-Market Biz
QBE confirmed Monday that it is undertaking a strategic review of its U.S.-based middle market business. As Carrier Management reported in February, QBE Chief Executive Officer John Neal previously ...
ACE Limited P/C Subs in North America Now Rated A++: A.M. Best
On Friday, A.M. Best announced that the rating agency upgraded the financial strength rating (FSR) of the North American property/casualty subsidiaries of ACE Limited to "A++" from "A+," also raising ...AIG’s Miller Notes Progress As Reorganization Continues
American International Group Inc. must do more to win over Wall Street, even after rallying 51 percent in the past two years, Chairman Steve Miller told shareholders. AIG is seeking to reward ...
‘Yes Men’ Are Killing Corporate Projects: Study
Misreporting of project statuses, at all levels of the company, is often to blame for corporate projects failing or ballooning in cost, according to a new study published in MIT's Sloan Management ...
A.M. Best May be Next with Negative Outlook for Reinsurers
A.M. Best currently has a stable outlook on the global reinsurance industry, but that could change when the rating agency revisits the outlook at midyear, the firm said in a special report Friday. ...