Performance
It’s Time to Face Reality, Berkley Says
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2018. When catastrophes occur, "we have this ability to back the cat losses out. But ironically, the industry doesn't seem to back the ...
The Good and the Bad at Lemonade: Latest Chronicles
In a blog item titled "We suck, sometimes," a co-founder of Lemonade, the insurer powered by behavioral economics and artificial intelligence, revealed a recent 1,000 percent growth spurt but ...
Industry Shocker: Reserves Still Adequate
Although analysts at Conning didn't actually use the word "shocked" in their latest report on the property/casualty industry's loss reserve position, the title of the report—and the image on the ...
The Latest Launches From Chubb and OneBeacon
Chubb is now offering new personal cyber protection coverage meant to go with one of its primary homeowners policies. A unit of OneBeacon Insurance Group rolled out coverage designed to tackle life ...
For Insurers, Performance Measures Based on Efficient Frontier Analysis May Work Best
Insurance is a unique business, especially when it comes to measuring the performance of a company. Businesses in most industries have a precise knowledge of the cost of their product at the time ...
‘007 Couldn’t Speed Up AIG Fix; Capital No Longer Ratings Differentiator: S&P
Even if James Bond were American International Group's chief executive instead of Brian Duperreault, he couldn't orchestrate a quick enough turnaround to prompt S&P to change the outlook on the ...
AIG CEO Duperreault’s $43M Pay Package Gains Shareholder Approval
American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company's annual meeting on Wednesday. A ...
Allstate’s Net Income Grew in Q1; A Surprise Dip in Auto Accident Frequency Helped
An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...