A Desire to Leave the World Better Than He Found It: Acts of Generosity from AIG’s Founder C.V. Starr December 17, 2018 By L.S. Howard Cornelius Vander Starr had many identities, including American entrepreneur, successful businessman, salesman, fearless world traveler and business pioneer. As the...
Liberty Mutual Forms $1B Risk-Sharing Deal with OPIC, Expanding Public Sector Portfolio December 10, 2018 By L.S. Howard Liberty Mutual Insurance has formed a $1 billion risk-sharing agreement with the Overseas Private Investment Corp. (OPIC), the U.S. government’s...
QBE Group CEO Regan: Role-Modeling QBE DNA to #RampItUp #Together November 29, 2018 By L.S. Howard This article is part of Carrier Management’s Cultural Q&A series featured in the Nov/Dec 2018 print edition. Q: Do you...
London’s Electronic Placements Exceed Targets; Beazley Syndicate 3623 Ranks #1 November 20, 2018 By L.S. Howard The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and...
AFL Insurance Brokers Finds Cultural Fit with U.S. MGA Zodiac November 19, 2018 By L.S. Howard AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the...
SCOR Forces Board Resignation of CEO of Covéa (Biggest Shareholder, Spurned Suitor) November 14, 2018 By L.S. Howard French reinsurer SCOR forced one of its board members — Thierry Derez, the CEO of Covéa — to resign this...
Casualty Losses Provide Impetus for 2019 Rate Firming: Willis Towers Watson November 7, 2018 By L.S. Howard Commercial insurance buyers are facing upward pricing pressure across most lines of business in 2019, driven in part by escalating...
Neuberger Berman Expands ILS Platform with Purchase of Cartesian Re, Iris Re November 2, 2018 By L.S. Howard Investment manager Neuberger Berman Group has acquired an asset manager and an affiliated reinsurer, which manage funds of more than...
RenRe’s Purchase of Tokio Millennium Re Reinforces Strategy of Independence: CEO November 1, 2018 By L.S. Howard RenaissanceRe’s planned $1.5 billion purchase of Tokio Millennium Re (TMR) reinforces its strategy of being an independent reinsurer, according to...
UK Insurers, Brokers Applaud Government’s Decision Not to Hike Premium Tax October 30, 2018 By L.S. Howard UK insurers and brokers have applauded the UK Treasury’s decision not to raise premium taxes, which currently has an annual...