Boardroom Agenda
Marsh, Jardine Lloyd Thompson Will Sell JLT’s Aerospace Unit to Gallagher
Marsh & McLennan Cos. and Jardine Lloyd Thompson have agreed to sell JLT's aerospace business to Arthur J. Gallagher. The arrangement provides for the acquisition of all assets within JLT's ...
Liberty Mutual, Allianz, Generali Reportedly Seeking to Invest in BBVA Insurance Arm
European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The ...
QBE Rebounds in 2018 With $715 Million Cash Profit
QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of $715 million during 2018, a significant improvement on the cash ...
Executives On The Move at AXIS Capital Holdings and Argo Group
A former Hartford executive is joining the board of directors at AXIS Capital Holdings Ltd. Argo Group International Holdings Ltd. appointed two new independent directors to its board of directors, ...
Musk Legal Problems: Tesla CEO Faces U.S. Contempt Claim for Violating SEC Accord
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer's ability to keep his impulses in check and responsibly run ...
China’s Ping An Insurance Reportedly Planning Massive IPO for Fintech Unit
Ping An Insurance (Group) Co., China's largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about ...
Focus on Operating Earnings, Buffett Says; Insurance Ops Add $6B
In the conglomerate's annual report published on Saturday, Berkshire Hathaway Chair Warren Buffett recommended that readers focus on operating earnings, reviewing a year in which insurance operations ...
Lloyd’s Chairman Carnegie-Brown Reflects on Life of Former Chairman Rowland
Bruce Carnegie-Brown, chairman of Lloyd's, issued this market bulletin on Feb. 18, 2019 about the life and death of Sir David Rowland, who was chairman of the market between 1993 and 1997. It is with ...