Strategy
Veteran Citigroup, J.P. Morgan Exec Joins XL Group’s Board
XL Group is adding a former Citigroup Inc. and J.P. Morgan & Co. Inc. executive to its board of directors, an interesting reach by the property/casualty insurer and reinsurer for some banking ...
Investors Believe Allianz Will Keep Old Leadership
Allianz is poised to reappoint Michael Diekmann as chief executive in October, investors believe, possibly delaying tough choices on whether Europe's largest insurer expands its global presence or ...
AXIS Builds Momentum With Broad Growth
AXIS Capital Holdings gave investors some cause for celebration with its midyear results. The Bermuda specialty insurer and reinsurer reported growth for its 2014 second quarter in nearly every ...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 ...