Operations/tech
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Many of the individual causes championed by CEOs are positive, but there are good reasons to separate the political and business spheres.
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The executive was speaking on a panel with AIG’s Peter Zaffino and CNA’s Dino Robusto.
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The executive also emphasized that his company’s merger was about innovation and not scale, following a series of announced divestitures.
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Marsh McLennan (MMC) is establishing a global MBA fellowship program in partnership with historically black university Fisk University and the National Black MBA Association (NBMBAA), offering participants a hybrid curriculum covering business knowledge and social justice issues beginning in September 2021.
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Axa has been amongst the insurers pushing for financial institutions to assess emerging nature-related risks and opportunities.
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Kenan Lucas of the Harbert Discovery Fund blasted the company in an open letter last week for enriching insiders at the expense of shareholders.
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The unit’s remit will also include the "investment and collaboration with InsurTechs".
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Insiders benefited from domicile changes at the expense of investors, Kenan Lucas of the Harbert Discovery Fund alleges.
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At the carrier’s AGM, more than a quarter of votes were cast against a non-binding resolution to approve compensation arrangements.
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The Bermudian booked a $4.6mn loss from Winter Storm Uri.
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The legacy specialist advises shareholders to approve the “best practice” board change at the AGM in June.
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The carrier’s forensic investigators say the incident has been contained.
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