Boardroom Agenda
Willis Group’s $590M Buy of France’s Largest Broker to Give it Global Reach
Willis Group Holdings Plc, the third-largest insurance broker, offered to buy the 70 percent of Gras Savoye that it doesn't already own to expand in France, Eastern Europe and the Middle East. Willis ...
How to Develop a Robust Risk Appetite Statement
In a recent Own Risk and Solvency Assessment webinar conducted by FTI Consulting, more than 50 percent of attendees stated they had not adequately defined risk appetite as part of their ORSA ...
The Founder and CEO of Specialty Insurer ANV Abruptly Departs
The founder and CEO of ANV Holdings BV has left the company, according to an April 20 announcement from the Dutch-headquartered global specialty insurance group. R. Matthew Fairfield issued a ...
EXOR Avoids Hedge Fund Approach in $6.4B PartnerRe Bid
The Agnelli family's EXOR SpA, known for investments in cars and soccer, is dismissing the prevailing reinsurance strategies as it seeks to push into the industry with a $6.4 billion takeover. EXOR ...
AIG is Getting a New Non-Executive Chairman
American International Group is getting a new non-executive chairman of the board. Douglas Steenland will succeed Robert S. "Steve" Miller as non-executive chairman of AIG's board of directors as of ...
U.S. CEOs Enjoyed a 12 Percent Pay Raise in 2014: Towers Watson
Chief executive officers of U.S. companies got a 12.1 percent pay raise in 2014, mainly driven by increases in the value of pension benefits, an analysis showed on Thursday. Towers Watson & Co, a ...
Executives On The Move at CNA, Lloyds, ACE and More
We have new executive appointments to tell you about from CNA, The MEMIC Group, Lloyds, ACE Group and Beazley. *** CNA Financial Group said it named an XL Group veteran as its new executive vice ...
Fairfax Financial Will Sell 30% of Brit Plc to Ontario Pension Fund
Fairfax Financial Holdings Ltd. will sell as much as 30 percent of Brit Plc to the Ontario Municipal Employees Retirement System two months after agreeing to buy the Lloyd's of London insurer for ...