Archive for February 2016

Bermuda-based Mt. Logan Re Ltd. announced the appointment of Martin Burke as its chief financial officer, effective Feb. 22, 2016. Burke has 15 years of experience in senior finance roles in the reinsurance industry and was most recently with Sirius … Read More Read more here:: Insurance Journal       

BB Seguridade Participações SA, the insurance unit of state-controlled Banco do Brasil SA, could deliver returns near 60 percent this year even as Brazil’s worst recession in decades hampers growth in underwriting premiums and fans delinquencies, Chief Financial Officer Werner Süffert said … Read More Read more here:: Insurance Journal       

Swiss Re AG reported fourth-quarter profit that beat estimates after a quiet year for natural catastrophes and announced that Christian Mumenthaler, head of the company’s main reinsurance unit, will take over as chief executive officer on July 1. Net income … Read More Read more here:: Insurance Journal       

Give Your Employees Their Brains Back By: Crystal Spraggins Are self-managed teams right for your company? With all due respect to Zappos and the concept of holacracy, most organizations are traditionally hierarchical in nature. A traditional hierarchy means everyone has a job title (even if it’s outdated); a few people are at the top of…

The Robots Are Coming: How automation is rapidly changing the face of the insurance world. By: Mike McDonough Remember the old horror movies that ominously showed how we would all be replaced by robots one day? What if I told you that future may not be as fictional as we once thought? Automation is the…

General Search and Recruitment Launches Mobile App General Search & Recruitment App for iPhone, iPad, and iPod touch and Android By: Travis Randolph   General Search and Recruitment (GSR), an insurance recruiting firm based in Chicago, Illinois, recently launched a mobile app for their users. The app is designed to provide resources to both insurance companies…

Insurance Job Market Observations in February The weather should be warming up soon, but the job market is already red hot in February. We currently have over 675 openings available and nearly 50 jobs have been posted in the last week alone. Claims has seen increasing opportunities lately with openings along the East Coast and…

By Mark Hollmer State Auto Financial Corp. ended 2015 with a steep drop in net income and a combined ratio that landed well above 100. Executives blamed a bad year for the insurer’s auto lines but added that they’ve taken corrective steps. Net … Read More Read more here:: Insurance Journal       

Lumber Liquidators Holdings Inc. flooring, tested for formaldehyde, was found to have a three times higher risk of causing cancer than previously stated, U.S. regulators said in reversing their own finding from earlier this month. A report released Feb. 10 used … Read More Read more here:: Insurance Journal