Global Economy
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 ...
AIG Attracted Investment from Hedge Fund Jana Partners in Q4
Jana Partners LLC, the hedge fund founded by Barry Rosenstein, added stakes in pharmaceutical companies and American International Group Inc. while exiting its position in Hertz Global Holdings Inc. ...
Fosun International Cancels $460M Deal to Grab Israeli Insurance Company
Fosun International Ltd.'s $460 million deal to buy Delek Group Ltd.'s insurance unit has been terminated, a setback for Israel's largest energy company as it seeks to focus on its core business. The ...
U.S. P/C Industry Maintains Stable Outlook for 2016 Despite Tough Market: S&P
Despite ongoing soft market conditions, declining statutory surplus and "unsustainable levels" of reserve releases, the U.S. property/casualty industry will maintain a stable outlook for 2016, ...
Navigators Navigated a Tough Market in 2015
The Navigators Group Inc., like many property/casualty insurers, said that challenging market conditions in areas such as offshore energy shaped its 2015 fourth quarter and year. But the ...
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 ...
Retaliation Charges Top 2015 List of Workplace Discrimination Claims
Retaliation charges increased by nearly five percent in 2015 and continue to be the leading concern raised by workers across the country. Disability charges increased by six percent from last year ...
Executives On The Move at QBE, Hiscox and Preferred Mutual
QBE North America gave one of its major executives some new responsibilities. Hiscox brought on an additional energy underwriter. Preferred Mutual has a new general counsel. *** QBE North America is ...