Strategy
The Hartford Brings on New Leadership to Advance Business Strategy
The Hartford announced Tuesday that it has realigned senior leadership positions to further advance its business strategy and deliver value for shareholders. CEO Christopher J. Swift said the new ...
Soft Market Strategies: Is It Time for Reinsurers to Shrink Intentionally?
Anybody keeping even a vague eye on the reinsurance media and the commentary coming out of the brokers will be aware of one thing: Reinsurance pricing seems to be going through the floor. The ...
Endurance Gives Up on Bid to Buy Aspen
After three months of trying, Bermuda reinsurance company Endurance Specialty Holdings Ltd. has given up trying to acquire archrival Aspen Insurance Holdings Ltd. The final blow apparently happened ...The Hartford Plans Big Investment in P/C Policy Management Tech
Hartford Financial Services Group said it is planning a major upgrade to technology it uses to manage property/casualty insurance policies. A company spokesman would not disclose how much the insurer ...
Berkshire Appoints Prussack VP of New Fiduciary Liability Line
Berkshire Hathaway Specialty Insurance announced Monday that it is entering the fiduciary liability market and has named Rhonda Prussack as vice president to lead the effort. Prussack most recently ...
Aspen Shareholders Vote Down Endurance Proposals
Aspen Insurance Holdings Limited announced Friday that most Aspen shareholders participating in a consent solicitation have rejected two proposals from Endurance Specialty Holdings Ltd, intended to ...
Validus CEO: Malaysia Crash Will ‘Have Implications’ For Aviation, War Markets
Validus Holdings Ltd. Chairman and CEO Ed Noonan said that the crash of Malaysia Airlines Flight 17 after a missile shot it down over the Ukraine earlier this month will likely "have implications" ...
Singapore Regulators Urge Airlines to Reconsider Conflict Zone Risks
Singapore's civil aviation authority has asked airlines based in the city-state to review their risk assessment of conflict zones following the shooting down of a Malaysia Airlines jetliner over ...