Boardroom Agenda
CNA UK Specialty Division Will Establish Post-Brexit Subsidiary in Luxembourg
CNA Hardy said it will launch a European subsidiary in Luxembourg beyond its London headquarters, a move intended to continue open access to the EU market in the wake of last year's Brexit vote in ...
Hamilton Re Starts Turing Re, a New Special Purpose Vehicle
Hamilton Insurance Group's Bermuda-based reinsurance arm launched its first special purpose vehicle. The new entity is Turing Re Ltd., rolled out by Hamilton Re and funded with $65 million in capital ...
Sompo International (Formerly Endurance) Will Grab Novae’s Financial Institutions’ Renewal Rights
Sompo International said its London market insurance platform will acquire Novae Syndicate Ltd.'s financial institutions renewal rights. Neither side is disclosing a specific purchase price. Through ...
What Warren Buffett Said About AI
There will be labor force "roadkill" that comes alongside the substantial benefits that society derives from the rising use of artificial intelligence, Berkshire Hathaway's Chairman Warren Buffett ...
Former Platinum CEO Price Joins Board at The Hanover
The Hanover Insurance Group announced Tuesday that Michael D. Price has been elected to the company's board of directors, effective July 3. Price, a highly experienced senior insurance executive who ...
By the Numbers: S&P 500 CEO Pay Raises in 2017
The typical big company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 ...
CEO Zyskind’s Family Injects $300M into AmTrust
AmTrust Financial Services Inc., a provider of specialty property and casualty insurance including workers compensation, surged in New York trading after members of the chief executive officer's ...
State Auto Exec Jessica Clark Is GuideOne Insurance’s Next CEO
GuideOne Insurance is bringing on a longtime executive from State Auto Financial Corp. as its next leader. Jessica Clark will officially become chief executive officer of the Iowa-based insurer on ...