Strategy
China’s Ping An Insurance Plans $500M U.S. IPO for OneConnect Arm
Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its ...
Argo Activist Shareholder Voce Seeks Special Meeting to Elect New Board Members
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders ...
For InsurTech Startup Kin, No App Is Necessary
Both old-fashion carriers and InsurTech startups alike are increasingly turning to apps in order to engage their customers. Sean Harper is going the opposite direction for Kin, the MGA and insurance ...
AIG Selling Bulk of Fortitude Re to Carlyle, T&D Holdings for $1.8B
American International Group plans to sell the bulk of Fortitude Re to private equity firm The Carlyle Group and Japanese insurer T&D Holdings for $1.8 billion. Plans call for a newly created ...
Chubb Boosts Stake in Major China Insurer
Chubb Ltd. has increased its investment in one of China's major insurers, reflecting a deeper commitment to penetrating the market there. Chubb said it would purchase another 15.3 percent of Huatai ...
Generali Reportingly Prepping a Bid for MetLife European Assets
Assicurazioni Generali SpA is preparing to make a formal bid for the European assets of MetLife Inc. following months of talks, people with knowledge of the matter said. The Italian insurer has been ...
Good Leaders Celebrate Progress, Find Perspective in the Face of Failed Projects
Not every company project is successful. Good leaders remember to celebrate progress made and help their teams gain perspective about the bigger picture, according to a recent posting on the Lets ...
W.R. Berkley Corp. Blends Two of Its Healthcare Units Into One
W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strengthen how it offers their products to customers. BerkleyMed and Berkley Healthcare are now ...