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Aspen shares surge on boost in CEO severance payout
Aspen shares took off this afternoon after the company disclosed a 50 percent increase in the cash compensation CEO Chris O’Kane would receive following a change in control, spurring speculation that the modification may make a takeover more likely.
Ted Bunker
,
19 March 2018
California demands insurers pass on tax savings
California Insurance Commissioner Dave Jones has put insurers on notice over rates, warning that January's 14-point cut in the corporate tax rate needs to be reflected in their pricing.
Laura Board
,
19 March 2018
QBE ANZ chief Bhatia continues reshuffle
QBE has merged its Australian and New Zealand technology and transformation teams into one business unit as new regional CEO Vivek Bhatia continues to reshape the operation.
John Hewitt Jones
,
19 March 2018
Atlas Financial delays results filing
Atlas Financial has pushed back the reporting of its 2017 annual report, weeks after the company had to strengthen prior year reserves, sending the company's stock plummeting.
Bernard Goyder
,
16 March 2018
Brit picks Walker from Marsh as head of UK property
Brit has appointed Neil Walker to the role of head of UK property.
Bernard Goyder
,
16 March 2018
Opinion: Markel's D&F decision
London open market property players may be surprised at Markel's decision to pull out of the sector, but maybe not that surprised.
Catrin Shi
,
16 March 2018
Cat modellers' service 'unsatisfactory': Millette
Catastrophe modelling firms were taken to task by Mike Millette, managing partner of Hudson Structured Capital Management, after he criticised the broad range of estimates provided for Hurricanes Harvey, Irma and Maria.
Laura Sanicola
,
16 March 2018
InsurTech still immature despite $10bn spend
Investment in InsurTech in the next 18 months will crack the $10bn mark but a true disruptor for the insurance industry appears to be some way off, according to panelists at The Insurance Insider's Insider US conference.
Anthony Baldo
,
16 March 2018
Frothy prices could cause M&A pause: Farber
Rich multiples are posing a valuation challenge for potential acquirers when it comes to sizing up targets in the insurance sector, The Hanover Insurance Group CFO Jeffrey Farber said yesterday.
Anthony Baldo
,
16 March 2018
CEA expands reinsurance cover by $700mn at 1.1
The California Earthquake Authority obtained $700mn of additional new limit in its January reinsurance placement, according to recent agenda documents published on the organisation's website.
16 March 2018
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