Boardroom Agenda
Enstar Closes $218M Buy of South Carolina P/C Outfit
Bermuda-based Enstar Group Ltd. has completed its $218 million acquisition of Companion Property and Casualty Insurance Company from Blue Cross Blue Shield of South Carolina. A bank loan facility ...
Ohio Mutual Insurance’s Long-Time CEO is Retiring
Ohio Mutual Insurance Group is on the hunt for a new leader, a process set in motion by the announcement that its long-time president and CEO plans to retire by the end of 2015. Jim Kennedy has been ...
Chubb’s Combined Ratio Improves, But Q4 Profit Dips
Chubb Corp., the insurer of high-end homes and mega-yachts, said fourth-quarter profit fell 1.9 percent as investment income declined. Net income dropped to $558 million, or $2.35 a share, from $569 ...
What CIOs Should be Telling Carrier Board Members About Tech Risks
Many carrier CIOs face the challenge of communicating with their organization's board of directors. It can be difficult sometimes for CIOs to know just how much communication is enough. It can also ...
Canopius Brings on Ironshore Vet to Lead U.S. Direct Property Growth
Canopius Group Ltd., a global specialty reinsurer, is pursuing U.S. expansion in the direct property sector, and it brought on an Ironshore veteran to get the job done. The company, owned by Japanese ...
Berkshire Hathaway Specialty Insurance Hires Rival Execs For Canadian Expansion
Berkshire Hathaway Specialty Insurance is expanding into Canada, and it has named executives from Gen Re, AIG and Chubb to help pursue the company's plan. There are three hires in all: Scott Miller ...
ACE CEO Greenberg: ‘We Are Looking Pretty Good’ Despite Strong Dollar
ACE Ltd. is in a position to be bullish about the vast majority of its 2014 fourth quarter results. The property/casualty insurance giant booked a sizable jump in underwriting income, growth in net ...