Strategy
PartnerRe Shareholders to Get $42.7M as Part of EXOR Acquisition
PartnerRe disclosed that holders of its preferred shares will get a $42.7 million cash payment – one of the final steps needed when Italian investment firm EXOR acquires it in a $6.9 billion deal. ...
Hamilton CEO Duperreault Will Add ‘Chairman’ to Title; Weill Retiring
Hamilton Insurance Group CEO Brian Duperreault will add "chairman" to his title, the Bermuda-based property/casualty insurance and reinsurance holding company has disclosed. The leadership tweak is ...
Two More AIG Execs Depart in Ongoing Overhaul; New COO Named
American International Group Inc. veteran Brian Schreiber, who shepherded multibillion-dollar deals that expanded the company and then shrank it after the 2008 credit crisis, is departing as the ...
Zurich’s General Insurance Revamp May Affect 8,000 Positions
Last December, Zurich Insurance Group AG announced expanded plans to cut relocate or change at least 1,800 jobs in a bid to save money and revamp its struggling general insurance unit. Now, the ...
AIG Will Expand Board to Include Billionaire Paulson and Icahn Rep
American International Group, Inc. disclosed on Feb. 11 that its board will expand from 14 seats to 16 seats, a move that accommodates two activist shareholders: billionaires John Paulson and Carl ...
Insurance Customers, and How to Keep Them by Using Connected Technology
It seems that no matter the industry, customer expectations for personalized service are high, and getting higher. Insurance customers now commonly make comparisons based on experiences in other ...
YouTube Videos: the Latest P/C Insurance Millennial Recruiting Weapons
The start of February means the launch of Insurance Careers Month, a combined push by industry groups and executives to attract more millennials to the sector. Their opening salvo: YouTube videos. ...
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 ...