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Building bridges among product lines and injecting more operating flexibility into siloed insurance organizations should enable faster reallocation of resources and help carriers attain an evolving, yet optimal product portfolio and improve return on capital.

Axis would be drawn to an insurer or reinsurer that would allow it to expand selective business lines and create a more efficient underwriting platform.

Axas Belgian unit will stop selling some individual life-coverage at the start of 2017 as it focuses on offering pension insurance and property and casualty products.

Ajit Jain, long considered a top candidate to replace billionaire Warren Buffett as CEO of Berkshire Hathaway Inc., is expanding his oversight of the companys insurance operations.

Enstar will assume net reinsurance reserves of about $1.1 billion and cover half of a book of business for Allianz.

The elimination of training programs for a professional claims staff is an example of being penny wise and pound foolish.

News from UniGroup, Verisk, Oceanwide and more.

The worlds largest reinsurers and brokers see little relief in pricing in 2016 amid a relentless influx of alternative capital from pension funds and one of the past decades quietest years for catastrophe losses.