CEO / Chief Executive
‘Clean’ Audit Reports Have Hidden Warnings That Investors Miss
Investors may be overlooking information about financial misstatement risk in unqualified audit reports, according to research from the McCombs School of Business at The University of Texas at ...
Report: AXIS, PartnerRe May Sweeten Their $6.2B Merger Agreement
Reinsurers AXIS Capital Holdings Ltd and PartnerRe Ltd are considering tweaking their $6.2 billion merger agreement in a bid to fend off a $6.8 billion offer for PartnerRe by EXOR SpA, people ...
A Surprising Way to Achieve Price Competitiveness
How can a company liberate itself from the death spiral of product commoditization? Competing on price is generally a losing proposition—and a very exhausting way to run a business. But when a ...
EXOR Plans to Promote from Within For PartnerRe CEO; Revises Deal Terms
John Elkann, who is offering $6.8 billion for a company that doesn't have a permanent chief executive officer, plans to find a leader internally at PartnerRe Ltd. if he wins the bidding for the ...
Buffett Donating Over $2.8B to Gates, Family Charities
Warren Buffett on Monday donated about $2.84 billion of Berkshire Hathaway Inc. stock to the Bill and Melinda Gates Foundation and four family charities, as part of the billionaire's plan to give ...
Reuters Column: Are Loyal Drivers Paying More to Insurers?
When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for ...
EXOR Deal Better for PartnerRe Than AXIS, Says Former CEO Thiele
PartnerRe Ltd.'s former Chief Executive Officer Patrick Thiele said the reinsurer's shareholders should vote against a planned merger with AXIS Capital Holdings Ltd. and called the cash offer from ...
Big ACE-Chubb Deal Drives ‘Feverish’ Merger Speculation
Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday announced a $28 billion deal for rival Chubb Corp. It's the ...