Ace to Buy Chubb for $28.3B
Bloomberg Business, July 2, 2015
It’s one of the biggest acquisitions in the insurance industry since 2008. Ace has agreed to buy its rival Chubb for $28.3B. Indicative of a continuing consolidation trend in the industry, this deal is just the latest move in a recent acquisition spree for Ace.
ACE sweeps up Chubb for $28.3 billion
Fortune, July 1, 2015
Aetna Buys Humana for $37B
Financial Times, July 3, 2015
In a $37B cash and shares deal, Aetna will acquire Humana, creating the second largest managed care company in the U.S., with projected 2015 operating revenues of $115B. This mega-deal comes just hours after ACE announced that it would acquire Chubb for $28B.
Aetna to buy Humana for $37 billion in largest insurance deal
Business Insurance, July 3, 2015
NFIP, Citizens, Cyber & Drones
WRIN.TV, April 13, 2015
Robert Hartwig, president of the Insurance Information Institute, discusses property exposures, cyber security and drone risks. Hartwig also comments on TRIA and how it can impact organizations that are vulnerable to cyber threats.
Market for Drone Insurance Expected to Take Off in Next 5 Years
Insurance Journal, May 13, 2015
Finding Value in Your Data
Shelter Island Risk Services, July 8, 2013
Good decisions require smart data analysis. Shelter Island Risk Services works with financial executives, risk managers, claims professionals and IT staff to translate their ideas into actionable, cost-reducing reality.
RMIS: A Practical Definition ("The 'Music' is Not in the Piano")
Rick Denning, Shelter Island Risk, June 23, 2013