Leadership & Strategy
CNA Financial Announces Lindemann to Retire
CNA Financial Corp. has announced that Robert Lindemann, president and chief operating officer of CNA Commercial, will retire effective Dec. 31, 2014, after a career spanning more than three decades. ...
Amlin Buys Up Added Cat Bond Storm Cover for U.S. and Europe
Amlin Plc said it has obtained reinsurance coverage for U.S.-named storm, U.S. earthquake and European Windstorm perils of up to $200 million from Tramline Re II Ltd, a Bermudian special purpose ...
IICF Northeast Division Announces 16 Grants, Honors Munich Re
Earlier this month, the Insurance Industry Charitable Foundation announced $1.2 million in grants to 16 local and regional nonprofits at its Eight Annual Northeast Benefit dinner in New York. During ...
Greenhouse Gas Emissions Still Rising From the World’s Top Companies
Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, a study showed on Monday. The top ...
Study: Female Board Members Linked to Positive Company Financial Performance
There is a positive correlation between women serving on a company's board of directors and a firm's financial performance, according to new research from Syracuse University's Martin J. Whitman ...
Report: XL Group/Catlin Merger a Done Deal
XL Group plc may have already closed an M&A deal with rival Catlin, according to international media reports. XL CEO Mike McGavick acknowledged on Dec. 17 that talks were underway, with a ...
ACE Keeping Most Fireman’s Fund Personal Lines Staff When Allianz Deal Closes
ACE Group said it will keep most of the employees with Fireman's Fund's personal lines business once its $365 million acquisition of the division from Allianz goes through. "We value Fireman's Fund ...
China Establishes Debut Insurance Fund for $2.1 Trillion Trust Industry
China on Friday set up its first insurance fund for its $2.1 trillion trust industry in a move to reduce financial risk in shadow banking, the country's banking regulator said. The fund, jointly ...