CEO / Chief Executive
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Keys to Setting Your Company’s Strategy in Motion
There's no shortage of discussion in the business world about the importance and development of strategy, but there's shockingly little advice available about actual implementation. Why is it, when ...
Endurance Chips Away at Resistance to Its $3.2B Aspen Offer
Endurance's $3.2 billion hostile bid for Aspen Insurance Holdings took another nasty turn on April 21. Endurance's chief financial officer asserted in a blunt statement that the continued resistance ...
Aspen Restates, Expands on ‘Serious Concerns’ With Endurance ‘Proposal’
Three days after adopting a poison pill to fend off a hostile bid from Endurance, Aspen sent a letter to its shareholders Sunday restating concerns it first aired hours after the bid was made public ...
Reinsurance Market Softness Extends ‘As Far As the Eye Can See,’ CEO Says
The question that crops up whenever reinsurers experience soft market conditions is again being posed to industry executives, with leaders giving varying answers to analysts asking, "What kind of ...
Platinum Eyeing Riskier Assets to Boost Profits in Unending Soft Re Mkt: CEO
With underwriting profitability stalled, Platinum Underwriters Holdings could soon join the list of Bermuda reinsurers turning to riskier assets to boost the investment component of income, the ...
Aspen-Endurance Battle Escalates: Aspen Adopts Poison Pill, Endurance Reacts
The takeover battle between Aspen Insurance Holdings Ltd. and Endurance Specialty Holdings Ltd. escalated on Thursday, with Aspen's board of directors announcing a shareholder rights plan—commonly ...
Watsa’s Fairfax Leads Eurobank Investor Group Betting on Greek Turnaround
International investors are to invest 1.3 billion euros ($1.8 billion) in Eurobank to become the bailed-out Greek bank's biggest shareholders in another sign of growing market confidence in Greece. ...