Boardroom Agenda
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...
AmTrust Financial Services Will Pursue $162 Million Offering
AmTrust Financial Services Inc. is selling $162 million of stock after striking deals this week to buy an insurance brokerage and a company that protects customers against losses on consumer ...
Newly Public Specialty Insurer James River May Be a Takeover Target
James River Group Holdings Ltd. could be a takeover target after hedge fund firm D.E. Shaw took the insurer public, according to an analyst at BMO Capital Markets. The insurer will probably post ...
Ebix Settles IRS Audit Pertaining to Past Acquisitions
Ebix said it has resolved an IRS audit regarding five years of tax returns, and will take a hit on 2014 fourth quarter net income as a result. The Georgia company, which offers software and ...
The Hartford CEO Christopher Swift Adds ‘Chairman’ to His Title
Christopher Swift is now chairman of The Hartford Financial Services Group as well as its CEO. Swift became CEO in July and replaced Liam McGee, who stepped down from his position so he could focus ...
Warren Buffett’s Berkshire Hathaway Pleases Investors With Takeover Push
Warren Buffett said last year that Berkshire Hathaway Inc.'s future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, ...
Meadowbrook Insurance Sells Itself to China’s Fosun International For $433M
Chinese conglomerate Fosun International Ltd. is closing out 2014 with a plan to buy Meadowbrook Insurance Group for $433 million. The deal, at $8.65 per share, will allow Fosun to gain a big ...
2014 in Video, Courtesy of Carrier Management
Carrier Management's video interviews ran the gamut in 2014, from an evaluation of life without TRIA, to employee talent, the reinsurance market, expansion, P/C industry expectations for 2015 and ...