Reinsurance
Activist Fund Fails to Boot Kessler As SCOR CEO; Shareholders Reject Ouster Proposal
Reinsurer SCOR's shareholders on Friday blocked an attempt by an activist fund to oust the company's CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three ...
Argo Shareholder Details Allegations of Excessive Corporate Jet Use
An activist Argo Group shareholder accuses the company of using a corporate jet for 1,500 flights in recent months and questions whether the trips were exclusively for business purposes. So goes the ...
Two Years Late, the P/C Insurance Market Is Finally Hardening: W.R. Berkley CEO
Two years after the property/casualty insurance market experienced historic catastrophe losses, it is finally showing signs of hardening, said W.R. Berkley Corp.'s president and CEO. W. Robert ...
Rate Increases Bear Fruit During W.R. Berkley’s Q1; Net Investment Income Dips
W.R. Berkley Corp enjoyed solid premium growth in the 2019 first quarter and its reinsurance arm booked encouraging results, with the carrier crediting "further rate improvement" for the positive ...
Alternative Capital Grew Again in 2018 Even as Total Reinsurance Capital Dropped: Willis Re
While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which ...
Warm Pacific, Weak El Niño Are Soaking Midwest Farms, Slowing Commerce
American farmers raising their fists to the sky this year may be better off directing their ire toward the ocean. Abnormally warm water in the eastern Pacific, along with a weak El Nino along the ...
Aon Combines Construction & Engineering and Inland Marine Teams Into Single Unit
Aon plc announced it has combined its Construction & Engineering and Inland Marine teams into a single, dedicated global unit within its Reinsurance Solutions business. The new Global ...
Marsh, Guy Carpenter, JLT Combining Latin America Facultative Reinsurance Operations
Marsh, Guy Carpenter and Jardine Lloyd Thompson Group, all now under a single corporate umbrella, are planning to combine their facultative reinsurance operations in Latin America. The action ...