Insurance survey 2008: The new masters of risk? How insurers are testing out their capabilities in finance
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Insurance survey 2008: The new masters of risk? How insurers are testing out their capabilities in finance

As financial stress grows, economies weaken and companies see risks looming at every turn, insurers offer themselves up as strategic risk advisers. They must prove their risk engineering skills, upgrade systems, overhaul archaic industry practices and adapt to capital market investors seeking insurance exposure. Euromoney polls 255 leading corporations to fi nd which insurers and brokers are doing the best job.

Insurance poll results

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AIG remains the undisputed leader

Zurich pushes the boundaries


Ping An

La Meridional

New Hampshire


Euromoney’s ground-breaking poll of large corporate users of insurance reveals the best insurance companies and brokers globally and by region. The chief executives of the industry leaders tell Peter Lee how these customers’ increasing sensitivity to, and sophisticated appreciation of, all manner of risks is fundamentally changing the insurance business. Modelling themselves on the pre-eminent Goldman Sachs investment banker whispering strategic advice into the CEO’s ear, insurers and brokers now want to be your risk management consultant.


FM GLOBAL IS an unusual insurance company. Its chairman and chief executive, Shivan Subramaniam, tells Euromoney, with a note of pride in his voice: "Yes, we blow things up, we burn them down." The company runs a 1,600 acre campus in West Gloucester, Rhode Island. Set up at an initial cost of $80 million, it is a university of destruction. To measure how building materials and industrial equipment behave under extremes of wind, flood and flame, FM Global conducts the kind of tests that would delight the most malevolent villain of the most over-imaginative superhero comic strip.

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