AM BEST'S MONTHLY INSURANCE MAGAZINE
People
AM Best: Standing the Test of Time
Standing the Test of Time: Keys To Surviving and Thriving in Business
AM Best Company is marking its 125th anniversary on Dec. 14, 2024. Chairman, President & CEO Arthur Snyder III reflected on the lessons learned over the company’s long history.
Date: December 2024
Executive Changes
Lloyd’s Chair To Wind Up Eight-Year Term as Company Welcomes Former UK Treasury Official, Consultant as Successor in May 2025
AIG taps a new CFO, Ascot appoints a chair and fills newly created group chief claims officer role, and Beazley names a successor to retiring CUO.
Date: December 2024
AM Best: A Timeline
AM Best Through the Years
Highlights of AM Best’s 125-year history, spanning the 1899 company launch to the 1906 San Francisco earthquake to the COVID-19 pandemic.
Date: December 2024
From the Editor’s Desk
AM Best Through the Years
Best’s Review marks AM Best’s 125th anniversary with an excerpt from an address by AM Best Chairman, President & Chief Executive Officer Arthur Snyder III and a timeline of key events in the company’s history. The December issue also includes the magazine’s ranking of top audit and actuarial firms.
Date: December 2024
Executive Changes
After 36 Years at USAA, Chief Executive To Step Down in 2025; Board Considers Potential Successors
Allianz SE welcomes executive director, Arch names chief financial officer and Everest fills new chief global broking officer role.
Date: November 2024
Executive Changes
Ryan Specialty Sets Succession Plan for Chief Executive Officer, Other Top Execs; Founder To Take on Executive Chairman Role
USAA names chief human resources officer, Markel welcomes chief actuarial officer and Liberty Mutual announces EVP-CFO successor.
Date: October 2024
Mutual Insurers: NAMIC Q&A
NAMIC Chief Executive Officer: Mutuals Strive To Maintain Mission, Identity Amid Economic Challenges
Neil Alldredge, president and CEO of the National Association of Mutual Insurance Companies, discusses how mutuals have tried to maintain strong community connections while they face decisions about rates and potential economic and regulatory pitfalls.
Date: September 2024
Mutual Insurers: ICMIF Q&A
ICMIF Executive Anticipates Microinsurers, Improving Regulatory Climate Boosting Mutuals Globally
Liz Green, CEO designate for the International Cooperative and Mutual Insurance Federation, says she anticipates the additional growth of insurers owned by policyholders amid an improving regulatory climate and innovative approaches in emerging markets.
Date: September 2024
Executive Changes
CNA Financial Names Successor as Chairman and CEO Is Set To Step Down, Take on New Executive Chairman Role in the New Year
Zurich North America hires CFO, Markel appoints chief strategy officer and MetLife names new chief human resources officer.
Date: September 2024
Captive Insurers
Courting Captives: Domiciles Seek To Win New Business
Changing tax environments are just one element ramping up competition among captive insurance domiciles.
Date: August 2024
Insurance Marketing
Berkley Marketing Executive Uses Gamification To Engage Customers, Drive Increasing Revenue Growth
Lisa Rowland discussed rebranding strategies, innovation in marketing and the creation of strategic marketing campaigns during a recent marketing leader lunch presented by the Insurance Marketing & Communications Association and AM Best.
Date: August 2024
Executive Changes
AIG Taps Former Exec as Global Head of Specialty, Hires Executive Vice President-Chief Human Resources and Diversity Officer
Canopius names successor as group chairman steps down, Swiss Re fills CEO corporate solutions role and Beazley appoints head of U.S. cyber.
Date: August 2024
Global Brokers Ranking
Top Global Insurance Brokers — 2024 Edition
Marsh McLennan captures the top spot for the 14th consecutive year, while three new brokers join the top 20.
Date: July 2024
Executive Changes
Successor Named as Swiss Re Group CEO Steps Down
Lloyd’s appoints chief commercial officer and Americas CEO, Farmer’s taps permanent CFO and Allianz welcomes global head of marine.
Date: July 2024
Accounting Issues
Insurers See Changes in Accounting Sector, Costly New Standards
Deals have been changing the face of the public accounting sector. The insurance industry, meanwhile, has been focused on IFRS 17 and other regulatory changes.
Date: July 2024
Accounting Firms
Insurance Accounting Firms
Beginning with information from insurers’ annual statement filings, Best’s Review compiled a list of insurance accounting firms, presented alphabetically.
Date: July 2024
Executive Changes
Lockton Executive Chairman Returns to CEO Role as Company Welcomes a New Executive Vice President-Operations
Markel names chief operating officer, Kemper appoints permanent CFO and Axis Capital hires global CIO.
Date: May 2024
Insurance Media
For Insurance Dudes, Podcast Is Totally Awesome Way To Connect With Agents
Hosts Craig Pretzinger and Jason Feltman discuss how The Insurance Dudes Podcast attempts to help with the challenge of running a consistently profitable and productive agency that can be—from one dude to another—the life of the party.
Date: April 2024
Birnbaum Interview
After More Than 20 Years, Birnbaum Ends Run as NAIC Consumer Rep
Over the years, David “Birny” Birnbaum said he achieved some successes on issues such as credit-related insurance, lender-placed insurance and mortgage guarantee insurance. He also cited efforts to expand the data regulators collected through market conduct examinations and to test for racial bias in artificial intelligence.
Date: April 2024
Insurance Education
Temple Professor Wants Future Insurance Professionals ‘To Hit the Ground Running’
R.B. Drennan says the university’s risk management and insurance program aims to transform students into young professionals as companies look to recruit new talent.
Date: February 2024
Insurance Education
Student Engagement Is Paramount for FSU Insurance Program
Charles Nyce, chair of the Department of Risk Management/Insurance, Real Estate and Legal Studies at Florida State University, works to get students interested in insurance—and to see things from their perspective.
Date: February 2024
What Readers Say
Readers Recall Influence of Insurance Instructors
Best’s Review readers weigh in on who influenced them and why, when it came to their insurance education and professional development.
Date: February 2024
Insurance Education
Insurance Veteran, Consumer Advocate Schmit Brings ‘Creative Destruction’ to Wisconsin
Joan Schmit earned her MBA from the University of Wisconsin-Madison, where, as the American Family Insurance Distinguished Chair in Risk Management and Insurance, she was able to introduce the Creative Destruction Lab program in 2020.
Date: February 2024
Insurance Leaders
In Memoriam: Insurance Industry Leaders of 2023
Charlie Munger, Denis Kessler and two former state insurance commissioners were among the industry executives who died last year.
Date: February 2024
Insurance Education
Helping Insurance Students Get ‘Back on Track’ After the Pandemic
David Marlett, managing director of the Brantley Risk & Insurance Center at Appalachian State University, has had to reeducate students on the “soft skills” they need to be successful insurance businesspeople.
Date: February 2024
Insurance Education
Crafting an Insurance Education To Provide a Broad Range of Skills
Like other industries, the insurance sector is looking for employees who can adapt to the rapidly changing environment in the 21st century, University of South Carolina Professor Robert Hartwig says.
Date: February 2024
Insurance Education
Campus Conversations
Insurance educators such as college professors can have an outsize impact on the professional development of generations of professionals in the industry. Their guidance can shape learning in the classroom and help students understand the need for continued education once they have embarked on their careers. To highlight February as Insurance Education Awareness Month, Best’s Review interviewed professors from several notable insurance and risk management academic programs nationwide.
Date: February 2024
Insurance Education
Academic Pursuit Led to ‘Insurance Nirvana’ for Columbia Educator
Columbia University’s Teresa Chan carved a diverse path from dealing with industry giants to giving back to students.
Date: February 2024
Insurance Leaders
A Closing Chapter for Some as Industry Leaders Mark the Passage of Another Year
Top executives at Humana, Mercer/Marsh McLennan, Aflac and MetLife, among others, announced retirement plans in 2023.
Date: February 2024