Boardroom Agenda
Aspen Insurance CEO Postlewhite Out, Cohen In; Q4 Underwriting Losses Disappoint
The head of Aspen Insurance has departed the company, a day after an announcement of disappointing preliminary Q4 financial results. CEO Stephen Postlewhite is departing immediately, Aspen said on ...
AIG, Argo, EMC CEOs Stress Importance of Balanced Regulatory Environment
At the Insurance Information Institute's (I.I.I.) 2018 P/C Joint Industry Forum, held January 16 at New York City's Marriott Marquis, panelists stressed the importance of a balanced regulatory ...
India’s Tata Group Sees Growth Opportunities in Insurance and Finance
The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India's largest conglomerate looks to sharpen its focus on about half a dozen ...
Liberty Mutual Will Sell Life Biz to Lincoln Financial for $3.3B; P/C Operations Reorganized
Liberty Mutual is getting out of the life insurance business, and the insurer will reorganize in order to better focus on its remaining P/C businesses. The Boston-based global insurer said it will ...
After Validus, AIG CEO Duperreault Envisions Select, Strategic Acquisitions
American International Group's newly announced plan to pay nearly $5.6 billion for Validus Holdings is likely just the beginning of the insurer's acquisition goals in the coming months. AIG President ...
UPDATED: AIG Will Acquire Validus for $5.6B, Fulfilling CEO Duperreault’s Early M&A Pledge
Brian Duperreault was clear after becoming American International Group's new leader in May 2017 that he'd be looking for acquisitions. He's now made good on this promise, with news that the insurer ...
RenaissanceRe Will Buy Minority Stake in Legacy Acquirer Catalina Holdings
RenaissanceRe will pick up a minority stake in Catalina Holdings (Bermuda) Ltd., a long-term manager of legacy runoff P/C insurance and reinsurance businesses. Neither side is disclosing financial ...
Global Elite’s Biggest Risk Worries: Cyber Attacks and War in the Age of Trump
The threat of large-scale cyberattacks and a "deteriorating geopolitical landscape" since the election of U.S. President Donald Trump have jumped to the top of the global elite's list of concerns, ...