Boardroom Agenda
Zurich Insurance Confirms Possible Bid For Rival RSA
Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of ...Hartford’s Profit Beats Estimates, Share Buyback Grows
Hartford Financial Services Group Inc., the insurer that sold life units to focus on property/casualty coverage, increased its share buyback by $1.6 billion and raised the dividend 17 percent as ...
PartnerRe, M&A Focused, Suffers Large Investment Losses in Q2
PartnerRe has enough on its plate juggling a proposed merger with AXIS Capital Holdings Ltd. and an unsolicited bid from the Italian investment firm EXOR SpA. Now there is a sizable second-quarter ...
Language Seen as Critical Leadership Skill for Global CEOs
Facing thousands of Deutsche Bank AG investors, many of them mutinous, Anshu Jain knew a lot was riding on his speech at the annual meeting of Germany's largest bank. "On this day, every word ...
McGraw Hill to Grab Insurance Data Outfit SNL Financial For $2.23B
McGraw Hill Financial Inc. agreed to buy SNL Financial, the financial news and data services provider owned by buyout firm New Mountain Capital, for about $2.23 billion to add content on the banking ...
Chubb’s Q2 Profit Dips 1% Due to Weak Investments and ACE Merger Costs
Chubb Corp., the insurer that agreed this month to be bought by Ace Ltd., said second-quarter profit slipped 1 percent on weaker investment results and costs tied to the transaction. Net income ...
Executives On The Move at Allied World, JLT Re and Guy Carpenter
We have some executive promotions and hires to tell you about at Allied World, JLT Re and Guy Carpenter: *** Allied World Assurance Company Holdings has hired a Starr Companies executive to help with ...
Cat and Investment Losses Hamper Allied World’s Q2 Net Income
Allied World Assurance Company Holdings experienced big drops in net income during the 2015 second quarter, due in large part to catastrophe and investment losses. The Swiss insurer and reinsurer ...