M&A
EXOR Plans to Promote from Within For PartnerRe CEO; Revises Deal Terms
John Elkann, who is offering $6.8 billion for a company that doesn't have a permanent chief executive officer, plans to find a leader internally at PartnerRe Ltd. if he wins the bidding for the ...
Regulators of Aetna Humana Deal Could Question Other Insurer Deals
Aetna Inc.'s $37 billion deal to buy smaller health insurer Humana Inc. will face rigorous scrutiny from U.S. regulators, which antitrust experts said could also make other large-scale mergers in the ...
SNL’s Top 15 Reinsurers: M&A Fails to Push Europeans Out of Leader Spots
SNL Financial published a list of the top 15 global reinsurers last week, showing the major European reinsurers in the top four spots. The ranking is based on 2014 assumed reinsurance premiums for ...
EXOR Deal Better for PartnerRe Than AXIS, Says Former CEO Thiele
PartnerRe Ltd.'s former Chief Executive Officer Patrick Thiele said the reinsurer's shareholders should vote against a planned merger with AXIS Capital Holdings Ltd. and called the cash offer from ...
Big ACE-Chubb Deal Drives ‘Feverish’ Merger Speculation
Evan Greenberg just took dealmaking to the next level. The chief executive officer of property/casualty insurer ACE Ltd. on Wednesday announced a $28 billion deal for rival Chubb Corp. It's the ...
Chubb CEO Finnegan Eligible for $93M Severance If Let Go After ACE Sale
Chubb Corp. Chief Executive Officer John Finnegan could walk away with at least $92.7 million if he's terminated after ACE Ltd. acquires the company. Finnegan, who's run the insurer since late 2002, ...
How They Stack Up: Analysis of Chubb’s Future Position in P/C Product Lines
Just a little over six months ago, ACE announced a deal to acquire the high-net-worth personal lines business of Fireman's Fund from Allianz, competing against Chubb, which holds the leading position ...
ACE-Chubb $28.3B Deal Took Just ‘Weeks’ to Put Together: Greenberg
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 "We are first and foremost builders. Insurance is a long-term business. We are patient," said ACE Chair and Chief Executive Officer ...