Boardroom Agenda
AXIS Co-Founder and Board Chairman Plans to Retire This Fall
AXIS Capital Holdings Limited said Board Chairman Michael Butt will retire from the company effective September 16, 2020. Butt, a co-founder of AXIS and member of the Insurance Hall of Fame, is a ...
A.M. Best Downgrades Argo’s Credit Ratings After a Disappointing Q4
Argo Group International Holdings, already reeling from a tough 2019 fourth quarter and year, now must deal with downgraded credit ratings from A.M. Best. The Bermuda-based specialty insurer and ...
Arch Grabs Majority Stake in Australia Data Company PMAP
Arch Reinsurance, a wholly owned subsidiary of Bermuda-based Arch Capital Group Ltd., announced it will acquire a majority stake in Precision Marketing Asia Pacific (PMAP), subject to regulatory and ...
Generali, Great Eastern Reportedly Interested in AXA-Affin Malaysia Biz
Singapore's Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, ...
Ironshore Expands, Realigns Wholesale Distribution Platform
Ironshore, the Liberty Mutual specialty insurance company, has expanded and realigned its wholesale distribution platform with local offices headed by branch managers. The company believes the new ...
Delta Will Invest $1B to Limit Global Air Travel Climate Impact
Delta Air Lines Inc said on Friday it will invest $1 billion over the next decade in initiatives that would limit the impact of global air travel on the environment, the first airline to make a ...
Argo Will Sell Trident Public Risk Solutions Biz to Paragon MGA
Bermuda-based global specialty lines underwriter Argo Group International Holdings has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings. ...
Executives On The Move at Farmers, W.R. Berkley and Kemper
Farmers Insurance made two promotions within its organization. W.R. Berkley Corp. appointed a former executive from The Navigators Group as a claims executive. Kemper Corp. appointed a new member to ...