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Sompo widens M&A lens to seek entry to European & US commercial P&C
Sompo is happy to boast of its $5 billion M&A war chest—yet it has struggled to put it to good use. Now, the Japanese insurer has new ideas for the ‘flexible’ deployment of the cash stash, Sompo’s Nigel Frudd explains.
COVID-19 driven ‘organisational tsunami’ puts change top of insurance agenda
‘Bureaucracy was thrown out of the window’ as insurers faced change or die ultimatum, delegates heard at the Intelligent Insurer Claims Innovation USA virtual event.
The inaugural Intelligent Insurer Editor’s Choice Awards
“Change may indeed be inevitable. Successful change, however, is not.” That was the winner of our quote of month competition in August. Here, with that in mind, we introduce the first Editor’s Choice Awards in which we identify the companies, ventures and individuals best equipped to make change successful.
Re/insurers should better manage results volatility caused by FX
An increase in foreign exchange volatility in the second quarter of 2016, enhanced further by the surprising result of the UK’s EU referendum vote, has distorted the performance of re/insurance companies during the period. Making more use of hedging for foreign exchange risk could ease such distorting effects from companies’ profit and loss accounts, experts claim.
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