Boardroom Agenda
Swiss Re, Prudential, Eye African Reinsurance and Pension Opportunities
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and ...
Willis Group Hires Swiss Re Vet For New Collaboration-Centric Executive Slot
Willis Group Holdings has created a new executive position focused on boosting collaboration within the company. A veteran of Swiss Re and elsewhere will fill the slot. Stefan Spohr is now the ...
Aspen Replaced its Chief Financial Officer
Aspen Insurance Holdings Ltd. has picked a new chief financial officer, choosing to fill the position from within. The Bermuda-based reinsurer and insurer disclosed on Dec. 5 that Scott Kirk has been ...
AIG CEO Urges More Private Industry Input for Flood Programs
American International Group Inc. Chief Executive Officer Peter Hancock cited government student lending and flood insurance as programs that could benefit from the perspective of private businesses. ...
Insurance Software Maker Ebix Adds Barrington-Backed Board Members
Ebix Inc., a software supplier to the insurance industry, agreed to add two new members to its board of directors after reaching an agreement with activist investor Barington Capital Group LP. Ebix ...
MAPFRE Seeking Acquisitions in Europe and U.S.
MAPFRE SA, the biggest insurer in Spain, is seeking to expand and may make acquisitions in Europe and the U.S., Chairman Antonio Huertas said. The company isn't constrained by regulators' efforts to ...
$1.9B Deal for Platinum Gives RenRe Bigger U.S. Casualty Share
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...
S&P Says Growth Still the Biggest Factor in Carrier Exec Comp
More than 50 percent of insurers use growth as a key metric to set executive compensation, according to a recent report. The report by Standard & Poor's Rating Services summarized findings of an ...