Boardroom Agenda
Willis Towers Watson’s Incoming CEO Reports $5 Billion Available for Possible M&A
Willis Towers Watson has around $5 billion of capital which could used for acquisitions, its president and incoming chief executive said on Thursday, as the insurance broker prepares for a future as ...
Reinsurer MS Amlin Promises New CEO Announcement Soon, Following Beazley’s Departure
Global reinsurer MS Amlin AG announced that Christopher Beazley has stepped down as chief executive officer. According to the company's announcement, Beazley will "pursue opportunities outside of MS ...
Zurich Insurance Appoints Mantero as New Group Chief Strategy Officer
Zurich Insurance Group named a new Group Chief Strategy Officer, promoting from within. Paolo Mantero, currently Chief Financial Officer Commercial Insurance, will take on the job effective Jan. 1, ...
Pie Insurance to Acquire Regional Insurer as it Evolves Into Full-Stack Carrier
Pie Insurance will acquire a regional insurer as it moves forward with a bid of becoming a full-stack insurance carrier. Pie purchased Western Select Insurance Company, a property casualty insurance ...
Insurance Industry M&A Activity Remains Resilient: Clyde & Co.
Global insurance industry M&A dipped slightly in the first half of 2021, but deals continue to be steady in key parts of the globe even in the face of the coronavirus pandemic, according to a new ...
Buffett’s Berkshire Hathaway Eliminates Stakes in Axalta, Biogen, Pares Other Drug Holdings
Warren Buffett's Berkshire Hathaway Inc said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a small new stake in a Merck & Co spinoff, Organon ...
Willis Towers Watson Chooses Hess as Its Next Leader
Insurance broker Willis Towers Watson chose Carl Hess as the company's new president and next chief executive officer. Hess, who currently serves as Willis Towers Watson's head of Investment, Risk ...
Aviva Will Return $5.5B to Investors; Activist Shareholder Wants More
British insurer Aviva pledged on Thursday to return at least 4 billion pounds ($5.5 billion) to shareholders, sending its shares surging, but activist investor Cevian Capital demanded more. Cevian, ...