Investment Officers
AXIS Surges in Premiums Written, but Net Income Declines
For AXIS Capital Holdings, Ltd., the 2015 fourth quarter represented a last-minute surge of sorts. After an otherwise down year in terms of gross and net written premiums, both spiked higher in Q4, ...
XL Catlin Will Disclose Q4 Earnings as Owner of Entertainment Specialty Insurer
XL Catlin has closed its purchase of Allied International Holdings, nearly six months after the planned acquisition was first announced in August. The deal for the U.S.-based specialty insurer of ...
Icahn, Dissatisfied with AIG’s Actions, Makes His Next Move
Carl Icahn, the activist investor calling for a breakup of American International Group Inc., said the alternative plan presented last week by the insurer's chief executive officer was inadequate and ...
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Insurers in California Face Mandate to Disclose Coal Company Holdings
California's insurance commissioner on Monday asked all insurance companies doing business in the state to voluntarily divest from coal companies and said he will also require insurance companies to ...
AIG CEO Hancock Unveils Plan to Divest Assets, Return $25B to Shareholders
American International Group Inc. plans to return $25 billion to shareholders over the next two years as Chief Executive Officer Peter Hancock divests assets and seeks to boost returns to protect his ...
RLI’s Combined Ratio Stayed Healthy in Q4; Net Earnings Declined
RLI Corp. ended 2015 with a fourth quarter that was flat in terms of net premiums earned and investment income. Net earnings, on the other hand, dove nearly 10 percent. The Illinois-based specialty ...
AIG Faced Investor Pressure Long Before Icahn
American International Group Inc. knows what it's like to be circled by hawks. Under pressure in 2009 to repay the insurer's bailout, company executives were in a race to sell assets. Then Robert ...