Boardroom Agenda
China’s Fosun International Mulls Takeover of Belgian Insurer Ageas
Fosun International Ltd., the Chinese group backed by billionaire Guo Guangchang, is considering an offer for all or parts of Belgian insurer Ageas in what could be its boldest move to expand its ...
Greenlight Re’s First-Ever Chief Operating Officer to Step Down for Personal Reasons
Greenlight Capital Re, known informally as Greenlight Re, is losing its chief operating officer after he joined the company less than a year ago. The specialist property/casualty reinsurer disclosed ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
Cybersecurity Ranks as Highest D&O Liability Worry: Willis Towers Watson
Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and ...
China’s Anbang Insurance Reportedly Prepping to Sell $10B in Overseas Properties
China's Anbang Insurance Group Co Ltd is looking to offload overseas properties worth about $10 billion to shore up its balance sheet as part of a government-backed rescue, three people with ...
Generali to Sell Off Wealth, Services Units for $476M
Assicurazioni Generali SpA agreed to sell wealth-management and service units in Ireland and Guernsey for 409 million euros ($476 million), pushing the Italian insurer above its target for ...
AIG Closes $5.6B Validus Acquisition; Q2 Earnings Out on Aug. 2
When American International Group reports its 2018 second-quarter financial results on Aug. 2, it will be the proud new owner of Validus Holdings. AIG disclosed on July 18 that it has closed a $5.6 ...
Buffett’s Berkshire Hathaway Eliminates Restriction on Stock Buybacks
Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett deploy more of the conglomerate's ...
‘AXA XL’ to Debut When AXA Group Completes $15.3B XL Group Buy
AXA XL is the new name of the division AXA Group will create with its planned $15.3 billion cash acquisition of XL Group, a deal expected to close sometime in the 2018 second half. The name covers a ...