There are many ways a company’s long-term strategy can fail. The problem may be execution. Or perhaps continually shifting the plan aka moving the goal posts (*cough* … Hewlett-Packard). Another common downfall is expanding too fast (*cough* … Toyota). Sometimes companies fall victim to their own success, deluding themselves into believing they can thrive in areas in [...]
Related Topics:
AIG,
Bank of America,
Blockbuster,
Countrywide,
Hewlett-Packard,
Managing Strategic Risk,
Toyota
No, neither Johnathan Franzen nor myself made the list. We’re talking about the companies that wrote the most business in 2010. Here’s the full list of the top 25 U.S. carriers in terms of net premiums written, according to AM Best. 1. State Farm Group—$50,808,635 2. Allstate Insurance Group—$24,796,656 3. Liberty Mutual Insurance Cos.—$21,483,996 4. Berkshire [...]
Related Topics:
ACE,
AIG,
Allianz,
Allstate,
American Family Insurance,
Auto-Owners Insurance,
Berkshire Hathaway,
Chubb,
Cincinnati Insurance,
CNA,
Erie Insurance,
Farmers Insurance,
Hanover,
Liberty Mutual,
MetLife,
Munich Re,
Nationwide,
Progressive,
State Farm,
The Hartford,
Transatlantic Holdings,
Travelers,
USAA,
W.R. Berkley Corporation,
Zurich
Though it is far too early to pin down an exact number for the amount of money the Japan quake will cost insurers, initial estimates have started to surface for some of the hardest hit insurers and reinsurers. Swiss Re, the world’s second-biggest reinsurer, has estimated it will face claims of about $1.2 billion from [...]
Related Topics:
AIG,
AIR Worldwide,
EQECAT,
Joe Plumeri,
Lloyd's of London,
QBE Insurance Group,
Swiss Re
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank in terms of market capitalization, has teamed up with AIA Ltd, AIG’s Asian life insurance unit, to have ICBC sell AIA products at its branches. A good move for AIG, seeing as “China is the world’s sixth-largest life insurance market, with about $96 [...]
Related Topics:
AIA IPO,
AIG,
ICBC