Yesterday, AXA announced its acquisition of XL Catlin. This is just after AIG’s announcement that it plans to buy Validus. Is this the beginning of a trend? It may be. There are a lot of macro-level drivers for acquisition. These drivers include access to emerging markets, return on capital, access to underwriting expertise, and expansion to additional specialty lines of business. There are also many non-traditional competitors entering the market (e.g. cat bonds).
February 16, 2018
Mitch Wein on the growing need for DPOs and CISOs in the EU and US.
Chris Eberly on challenges facing RIAs
Jim Klotz on workers’ comp rates in 2018.
February 9, 2018
Mitch Wein on the data breach portal launch in Massachusetts.
Rob McIsaac on awareness of the potential impact of automation.
Jeff Goldberg on purpose-built vs. all-purpose technology.