CEO / Chief Executive
Aspen Board Unanimously Rejects Endurance’s $3.2B Hostile Bid
Aspen Insurance Holdings announced Monday that its board of directors has unanimously rejected a $3.2 billion takeover bid from Endurance Specialty Holdings announced hours earlier, calling the ...
Endurance Specialty Offers $3.2B to Acquire Aspen; Deal Would Create $5B Company
Endurance Specialty Holdings Ltd. announced Monday that it has delivered a proposal to the board of directors of Aspen Insurance Holdings Ltd. to acquire all of the common shares of Aspen for $3.2 ...
Aon CEO Case Defends Berkshire Deal; Sidecar Innovation ‘Good for London’
Aon Plc, the broker that was criticized by Lloyd's of London for a deal with Warren Buffett's Berkshire Hathaway Inc., said the relationship actually helps make the U.K. insurance market more ...
Dot-com Bust Ahead for Tech Stocks, Says Fairfax’s Watsa
Prem Watsa, head of Canadian insurer Fairfax Financial Holdings Ltd., said investors in technology companies including Twitter Inc. may soon be crying as the stock prices are unsustainable. "There's ...
CEO Perks Taking Different Forms: More Life Insurance Replacing Corporate Jets
For some executives, corporate perks are getting just a little less exciting. A number of major U.S. companies are cutting back on glamorous luxuries like personal jet use, country-club memberships, ...
‘Yes Men’ Are Killing Corporate Projects: Study
Misreporting of project statuses, at all levels of the company, is often to blame for corporate projects failing or ballooning in cost, according to a new study published in MIT's Sloan Management ...
Australia’s Wesfarmers to Sell Insurance Brokerage to Arthur J. Gallagher
Perth, Australia-based conglomerate Wesfarmers has agreed to sell the insurance brokerage and premium funding operations of its Insurance division to subsidiaries of U.S.-based broker Arthur J. ...
Zurich Defends CFO Suicide Report Prior to Widow’s Speech to Shareholders
The widow of Zurich Insurance's late finance chief on Wednesday rejected a report into his suicide, telling the Swiss company's annual shareholder meeting she could not accept the findings of an ...