Leadership & Strategy
Endurance M&A Bid Pushes On as Aspen Ups the Opposition
The hostile-takeover battle between Bermuda reinsurance rivals Endurance Specialty Holdings Ltd. and Aspen Insurance Holdings Ltd. continued unabated this week with no end in sight. Endurance ...
Tech Innovators Threaten to ‘Disrupt’ Asset Mgmt., Financial Services Industries
Tech companies pose a growing threat to traditional asset managers and the financial services industry needs to up its game to meet the challenge, even though the hurdle of regulation is holding back ...
Xuber: London’s Insurance Market Needs Collective Use of Big Data
The London insurance market is arguably among the most important in the world. A new report from insurance software developer Xuber argues that position is in jeopardy because its major players don't ...AIG Endorsement Responds to Supreme Court ‘Fraud on the Market’ Ruling in Halliburton
American International Group, Inc. insurers have introduced a new policy endorsement that ensures primary directors and officers (D&O) policy funds are immediately available to clients named as ...
El Niño Doesn’t Reduce Need for Hurricane Prep, Guy Carpenter Warns
Guy Carpenter & Co. LLC warned that the U.S. Atlantic and Caribbean coastal regions should prepare for at least two hurricanes to make landfall during the 2014 season, even with ...
Aspen Tells Shareholders to Snub Endurance’s New M&A Overtures
Endurance Specialty Holdings Ltd. may want to buy Bermuda reinsurance rival Aspen Insurance Holdings Ltd., but its acquisition target is doing everything it can to resist the hostile bid. In its ...
TransRe, Pillar Management Up Stakes in Pillar Capital to 50% Each
Pillar Capital Holdings Limited, a Bermuda-based insurance asset manager specializing in collateralized reinsurance and catastrophe insurance-linked securities, announced Tuesday that shareholders ...
Canal Insurance Appoints New Executives to Leadership Team
Canal Insurance Co. has announced the appointment of Tim Horgan, vice president of transportation and chief marketing officer, and Bob Pace, vice president and chief claims officer, to the executive ...