CFO / Financial
Endurance to Continue Push for Aspen Deal; First Strategic Combo Since ACE-CIGNA, CEO Says
Executives at Endurance Specialty Holdings said they will continue to try to engage Aspen Insurance Holdings in negotiations related to Endurance's bid to acquire Aspen—a dialogue that Endurance ...
Cat Bond Yields Attract Inexperienced Buyers, Warns Swiss Re CFO
Swiss Re Ltd.'s new chief financial officer, David Cole, said high yields for insurance-linked securities such as catastrophe bonds may lure inexperienced buyers not guarded for the risks they carry. ...
Some ILS Money Irrational; Trad’l Re Mkts Adding Terror to Cat Cover: CEO
The once responsible insurance-linked securities market is showing signs of being overheated and irrational, the chief executive of the holding company for a Bermuda-based reinsurer said on Friday. ...
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 ...
RMS: Reinsurers Can Adapt to ILS Invasion Using NIKE As Inspiration
With hedge and pension funds continuing to dive into the reinsurance market through insurance-linked securities, or ILS products, Peter Nakada urges the industry to get used to it and adapt. Nakada, ...
Progressive CFO Retiring in 2015; Personal Lines Prez Sauerland Next to Take CFO Spot
The Progressive Corporation announced Tuesday that Brian Domeck, the Company`s Chief Financial Officer, intends to retire after the Company`s Annual Meeting of Shareholders in May 2015. Domeck will ...
MLP Analysis: Risks Rise for Investors As Energy Partnership World Gets Crowded
High-yielding energy partnerships have lured billions in capital from investors in the past few years and the returns have often matched or beaten expectations. But as riskier kinds of businesses ...
Hiscox Re Announces CFO, COO Appointments
Hiscox Re, the newly combined reinsurance operations of Hiscox, announced the appointments of Reeva Bakhshi as chief financial Officer and Paresh Thakrar as chief operating officer on Monday. CFO ...