Specialty
Fairfax CFO Bonham Has Died; Varnell Appointed as His Interim Successor
Fairfax Financial Holdings Ltd. announced that, David Bonham, vice president and chief financial officer of Fairfax, died suddenly this past weekend. "The entire Fairfax family mourns the sudden and ...
The Latest Launches From Next Insurance, The Hanover and Selective
Next Insurance recently launched professional liability coverage targeted to its small business client base. The Hanover Insurance Group now offers watercraft insurance. Selective Insurance Company ...
Argo Shareholder Voce Abandons Bid to Nominate 5 Board Members, Alleging ‘Underhanded Tactics’
An activist Argo shareholder that had accused the insurer of extravagant spending and other corporate missteps has ended its battle to nominate a slate of new board members. Voce Capital Management ...
Billionaire Covering Morehouse Grads’ $40 Million Student Debt Has Insurance Industry Ties
The billionaire technology investor and philanthropist who has promised to assume the $40 million student debt of the entire graduating class at Morehouse College has ties to the insurance industry. ...
Executives On The Move at Sompo International and Zurich North America
A former Amlin Insurance executive is joining Sompo International Holdings to become head of Financial Lines Insurance in Germany. Zurich North America named a new head of Sales and Distribution for ...
AXIS Capital Holdings Debuts Updated Logo, Website, Marketing Approach
AXIS Capital Holdings is refreshing its image, literally. The Bermuda-based specialty insurer and reinsurer said it is giving its brand a newer face, in part, through a revamped logo and website. ...
The Hartford Completes Its $2.1B Acquisition of Navigators on May 23
The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. "This acquisition is a significant milestone for our ...
Executives On The Move at ProSight Specialty, AXA XL and Sompo Global Risk Solutions
The founder of ProSight Specialty Insurance is becoming chairman, and a veteran executive will replace him as CEO. AXA XL promoted an East Coast executive. A longtime life sciences underwriter will ...