While the days of cash flow underwriting are a distant memory for veteran insurance executives, the need for industry’s more recent “preoccupation” with underwriting profit is starting to subside, two specialty carrier leaders suggested yesterday. Speaking at the Keefe Bruyette …
Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally speaking, investing has become more complex and more risky as a result …
Bets on debt-ravaged Greece or ailing phone maker BlackBerry would make many investors flee, but for Prem Watsa both are part of a “cautious” strategy he employs to manage Fairfax Financial’s $23.3 billion portfolio. Indian-born Watsa, 63, often compared to …
