Leadership & Strategy
Soft Reinsurance Market Dampens Platinum’s Q2
For Bermuda-based Platinum Underwriters Holdings, Ltd., the 2014 second quarter offered plenty of downbeat statistics that showcase the struggles reinsurers face in an ever-softening market. Compared ...
CEOs Tossing Fewer F-Bombs as Economy Improves
The chief executive officer of Scotts Miracle-Gro Co. is no stranger to profanity in his calls with analysts. On May 5, James Hagedorn did something different: After swearing, he apologized. Bad ...
Executive Pay: Towers Watson Says High-Performing Companies Take Their Own Approach
High-performing companies pay their executives in ways that the rest of the pack don't. They think outside of the box and craft compensation packages based on their size and individual needs with an ...
RLI Scores With a Solid Q2
Specialty insurer RLI Corp. closed its 2014 second quarter with higher underwriting income and net earnings, greater book value, and growth in premiums earned. But the Illinois company still faced a ...
Liberty Mutual Punts $3.3B in Liabilities to Berkshire Hathaway Arm
Liberty Mutual Insurance is ceding $3.3 billion in asbestos, environmental and workers compensation liabilities to Berkshire Hathaway subsidiary National Indemnity Company in one of the larger ...
M&A Adviser MarshBerry Nabs Re Broker, Investment Banker Gill & Roeser
MarshBerry has acquired the assets of Gill & Roeser, Inc., a New York City based boutique investment banking and reinsurance intermediary firm. Gill & Roeser is an independently-owned capital ...
Eight New Companies Join Ward’s Annual Top 50 P/C Ranking
Eight new nominees join Ward Group's 2014 roundup of the 50 top performing property/casualty insurers. The recently released analysis crowns the best performers out of more than 3,000 companies in ...
AIG, Bank of America Settle Dust-Up Over Mortgage-Backed Securities
American International Group said it will get at least $650 million from Bank of America as part of a legal settlement involving toxic residential mortgage-backed securities. With the settlement, yet ...