Strategy
Aspen Board Unanimously Rejects Endurance’s $3.2B Hostile Bid
Aspen Insurance Holdings announced Monday that its board of directors has unanimously rejected a $3.2 billion takeover bid from Endurance Specialty Holdings announced hours earlier, calling the ...
Endurance Specialty Offers $3.2B to Acquire Aspen; Deal Would Create $5B Company
Endurance Specialty Holdings Ltd. announced Monday that it has delivered a proposal to the board of directors of Aspen Insurance Holdings Ltd. to acquire all of the common shares of Aspen for $3.2 ...
QBE Confirms Strategic Review of U.S. Mid-Market Biz
QBE confirmed Monday that it is undertaking a strategic review of its U.S.-based middle market business. As Carrier Management reported in February, QBE Chief Executive Officer John Neal previously ...
Aon CEO Case Defends Berkshire Deal; Sidecar Innovation ‘Good for London’
Aon Plc, the broker that was criticized by Lloyd's of London for a deal with Warren Buffett's Berkshire Hathaway Inc., said the relationship actually helps make the U.K. insurance market more ...AIG’s Miller Notes Progress As Reorganization Continues
American International Group Inc. must do more to win over Wall Street, even after rallying 51 percent in the past two years, Chairman Steve Miller told shareholders. AIG is seeking to reward ...
AIG Aims to Be Smartest Casualty Insurer, Schimek Says
Innovation and customer focus are central to the strategy of the one of the nation's largest property/casualty insurers, for which being the biggest competitor is not the primary goal, according to ...Great American Acquiring Renewal Rights on Selective Insurance Public Entity Book
Great American Insurance Group announced Thursday that it completed a renewal rights agreement with Selective Insurance Company of America to acquire Selective's Self-Insured Group book of business. ...