Boardroom Agenda
Chubb CEO Greenberg: Insurer Has Reshaped Portfolio in Response to California Wildfires
Some insurers may be facing sizable risks stemming from the latest round of California wildfires now raging, but Chubb Chairman and CEO Evan Greenberg insists his company isn't one of them. "We do ...
Aon Moves Incorporation From Britain to Ireland Due to Brexit
Insurance broker Aon plans to move its parent company's jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its ...
Two Ex-AXA XL Execs Join BHSI to Open France Casualty/Construction Office
Berkshire Hathaway Specialty Insurance hired two veteran executives from AXA XL to lead its new operation in France that underwrites casualty and construction insurance. Olivier Antiphon has been ...
AXA Agrees to Sell Belgian Banking Biz to Crelan for Nearly $690M
AXA said it has agreed to sell its Belgian banking operations, AXA Bank Belgium, to Crelan Bank for cash and Crelan's loan insurance business. The deal, in all, is worth nearly $690 million. In ...
Beazley Makes Strategic Investment in Hong Kong’s Pegasus Underwriting
Beazley, the London-based specialist insurer, is making a strategic investment in Hong Kong-based coverholder Pegasus Underwriting Ltd. The investment will see Beazley become a 30 percent shareholder ...
How Companies with Bottom-Line Focused CEOs Perform
Doing business with a tunnel-vision focus on the bottom line can lead to dysfunction and unethical conduct in the workplace, but a research study co-authored by Rutgers School of Management and Labor ...
Secretive CEO Bonus Pay Targets Linked With Poor Performance
Investors need to pay closer attention to the non-financial measures linked to CEO cash bonuses, because targets that are not disclosed, or undefined, in annual reports are associated with worse ...
James River Insurance Retains Rating After Dropping Its Largest Customer, Uber
Ratings agency A.M. Best said its ratings of James River Insurance remain unchanged after the insurer said it would be cancelling its business with ride-hailing giant Uber affiliate, Rasier, its ...