Greenberg discusses his $25 billion lawsuit against the U.S. government re: its bailout of AIG; he also recounts the risk-control measures AIG had in place during his tenure as CEO.
Asked where the growth opportunities are, Greenberg says "I still have faith in America." He also highlights some growth stories overseas--and offers some advice for insurers looking to increase their global footprint.
Bill Pritchard, president of Beacon Hill Associatesa wholesale broker specializing exclusively in environmental-insurance solutions for commercial insuredsdiscusses emerging risks in this space, pricing and the new business opportunities presented by standard contractors.
When people think of the work done at insurance companies, they probably picture actuaries and underwriters sitting at desks and crunching numbers. But at some insurers, research labs, staffed by highly trained scientists and engineers, play a vital if rarely seen role in discovering ways to reduce losses caused by...
Setting fires in the workplace is frowned upon by most employers, but at Chubb Insurance its an activity thats not only actively encouragedits actually an essential part of the companys profit picture.
While it may lack the twists and turns of the test tracks used by Porsche and Ferrari, Liberty Mutuals skid pan at its Research Institute for Safety still sees a lot of stomach-churning drivingand the three-acre automotive test area employs a lot of serious science to help make roads safer...
PC360 visits the insurance-research labs at a trio of major carriers: Chubb, FM Global and Liberty Mutual. While on site, we witnessed explosions, earthquakes, flammable-liquid fires, treacherous test tracks and the awesome force of hurricane winds.