Boardroom Agenda
Great American Promotes Two to Lead P/C Group
Great American Insurance Group promoted two longtime executives to the role of senior vice president for its Property and Casualty group. One, James (Jim) Muething, has been with Great American since ...
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 ...