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Zurich executives’ 2013 pay flat
Total pay for Zurich Insurance Group's most senior executives was flat last year, according to the giant Swiss carrier's annual report, out today (7 March)
07 March 2014
American Financial questions National Interstate founder’s motives over tender offer
American Financial Group (AFG) has responded to National Interstate independent director Alan Spachman by questioning whether the company's founder and former chairman and CEO has its shareholders' best interests in mind.
07 March 2014
Dewey & LeBoeuf senior executives charged with fraud
A trio of former Dewey & LeBoeuf senior executives have been criminally and civilly charged today (6 March) in New York over the firm's 2012 collapse.
07 March 2014
National Interstate founder sues over Great American’s ‘coercive’ tender offer
National Interstate founder and independent director Alan Spachman has launched a lawsuit against the company, its non-independent directors, American Financial Group (AFG) and its Great American subsidiary over what he alleges is a "coercive tender offer" for the US insurer.
07 March 2014
European reinsurers seal record longevity swap
Munich Re, Swiss Re and Scor have agreed to cover UK insurer Aviva against the risk of unforeseen pension costs due to employees living longer than expected, in the biggest deal of its kind to date, the reinsurers said today (6 March).
06 March 2014
Prettejohn quits UK regulator PRA
Former Lloyd's chief executive Nick Prettejohn has stepped down from the board of the UK Prudential Regulation Authority (PRA) less than a year after being appointed, the regulator said today (6 March)
06 March 2014
Aviva shares hit 5-year high on strong results
Shares in Aviva rose 9.4 percent to a five-year high in early trading today (6 March), as a set of strong 2013 results from the UK composite insurer reinforced hopes that a recovery plan launched last year is gaining traction
06 March 2014
Novae would look at other M&A post-Antares bid
Listed Lloyd's carrier Novae is open to pursuing other takeovers after it came up short in its bid for private peer Antares, CEO Matthew Fosh told The Insurance Insider
06 March 2014
US P&C commercial rate rises slowing: MarketScout
US insurance exchange MarketScout, provider of one of the main barometers of US P&C commercial rates, said its composite rate rose by 2 percent in February 2014, down from 3 percent in January.
06 March 2014
Marketform in Lithuanian coverholder first
Specialist Lloyd's commercial underwriter Marketform has become the Society's first managing agent to secure a coverholder in the fast-growing Lithuanian market.
06 March 2014
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