Leadership & Strategy
PartnerRe’s Shareholders Will Vote July 24 on Proposed AXIS Capital Merger
PartnerRe set July 24 as the date that shareholders will vote on its proposed merger with AXIS Capital Holdings, months after both parties first announced their agreement. The milestone follows a ...
Willis Completes Majority Investment in London Broker Miller
Reinsurance broker Willis Group Holdings said it has completed its investment in Miller Insurance Services LLP that will enhance its wholesale insurance brokerage business and expertise in marine ...
China’s Buffett at Fosun Looks to Fund Acquisition Spree with Share Sales
A $1.2 billion share sale by Fosun International Ltd. this month was likely only the start of a love affair with equity deals, bankers say, as the Chinese conglomerate seeks to cut reliance on debt ...
How Billionaire Entrepreneurs Change As They Go Gray
Billionaires are getting older, just like their fellow baby boomers. A report from UBS Group AG and PwC found that the rapid rate of wealth creation by billionaire entrepreneurs will probably level ...
Ex-AIG CEO Greenberg at 90: ‘You Got to Fight’
Maurice "Hank" Greenberg spent some of his 90th birthday party like he's spent much of the past decade: angry. As he addressed his family at a lunch at a private estate this month, one of his sons ...
AXA Chief Outlines Climate Strategy
AXA Chairman and CEO Henri de Castries spoke at Climate Finance Day on May 22 in Paris. The following are his remarks in which he discusses what climate change means for the insurance industry as ...
Insurer AXA Joins Coal Divestment Movement Over Climate Change Risk
France's largest insurer will scrap holdings in coal companies because of concerns about climate change, broadening support for the fossil-fuel divestment movement to a major mainstream investor. AXA ...
PartnerRe to EXOR: Original M&A Deal With AXIS is Moving Ahead
PartnerRe has decided to seek shareholder approval of its original merger agreement with AXIS Capital, following EXOR's de facto rejection of an offer to meet and discuss its own, unsolicited bid. ...