Boardroom Agenda
Companies on the Hunt for Creative Workarounds Addressing Rising D&O Costs
When Elon Musk said in April he was dropping the insurance policy that protects Tesla Inc.'s board from shareholder lawsuits, it got Skip McBride's attention. To McBride, who used to manage law firm ...
Executives On The Move at Sompo International and AXIS Re
Sompo International picked an executive to lead its new U.S. Insurance Environmental unit. AXIS Re named a new Head of Agriculture Reinsurance.***
Sompo ...
Excluding Workers Comp, U.S. Commercial Insurance Saw Rapid Q1 Rate Hikes
U.S. commercial insurance prices climbed more than 6 percent in aggregate during the 2020 first quarter compared to the year, Willis Towers Watson's pricing survey for the sector. Price increases ...
Allianz Negotiating for China Insurance Asset Management License
Allianz is in talks with Chinese regulators for a license as the German insurer looks to eventually offer broad asset management services in the world's second-largest economy. Discussions for a ...
Triple Threat: Carrier-InsurTech-Agent Partnerships Transforming Commercial Lines
COVID-19 has changed many things in the insurance industry. Seemingly overnight everyone is working from home and the companies with the best digital customer experiences have the advantage. Yet, ...
Robinson Is New HIIG CEO, Replacing Way
Houston International Insurance Group Ltd. announced Tuesday that the HIIG board of directors appointed Andrew Robinson as chief executive officer, effective immediately. Robinson is filling the spot ...
Activist Shareholder to Watford: Sell Yourself or Go Into Runoff
Capital Returns Management LLC, the fifth largest shareholder of Watford Holdings Ltd., is urging the reinsurer to sell itself or be put into runoff. In a letter to Watford's board of directors, the ...
Generali Sees Net Profit Plunge Due to COVID-19-Related Investment Losses
Generali's first-quarter net profit plunged 84.8 percent to €113 million ($124 million) from €744 million ($815.5 million) reported in Q1 2019 as a result of the impact of the COVID-19 pandemic ...