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AIG shareholders show resistance to executive pay
An advisory motion on pay was narrowly approved with more than 45 percent of shareholders voting against it.
Bernard Goyder
,
May 21, 2019
Argo share price drops 3% after Voce backs off board plan
The hedge fund said Tuesday that it was discontinuing a proxy campaign to get five new directors on the board.
Christie Smythe
,
May 21, 2019
Argo cites lack of investor support for Voce nominee withdrawal
The insurer said shareholders “overwhelmingly support” Argo and that regulatory blocks were an “excuse” for dropping board nominees.
Bernard Goyder
,
May 21, 2019
Neon’s Long joins Convex as head of claims
Sharon Long moves over from the role of claims director at Neon.
Catrin Shi
,
May 21, 2019
Fairfax CFO Bonham dies suddenly
David Bonham joined Fairfax Financial in 2004.
John Hewitt Jones
,
May 21, 2019
Voce drops Argo nominations citing regulatory block
The activist claims Illinois and Virginia state departments ‘flip-flopped’ on proxy statement approvals after lobbying.
Rachel Dalton
,
May 21, 2019
Everest and peers search for $1bn of retro as Florida prepares for endgame
Majority of Florida firm order terms hit the market, but many participants think capacity shortfalls are likely at current price levels.
Adam McNestrie
,
May 21, 2019
Cultural overhaul needed for InsurTech to take hold
InsiderTech London speakers call for a new mindset when it comes to data sharing.
Anna Sagar
,
May 21, 2019
JMP’s Carletti reports 'confidence' in James River on E&S optimism
JMP analyst Matt Carletti has increased James River’s price target to $50, or 1.9x forward book value, after visiting the carrier.
Anna Sagar
,
May 21, 2019
Lloyd’s syndicates agree $22mn settlement in US ‘manipulation’ case
The syndicates faced allegations that they conspired with brokers to rig the US commercial insurance market.
Christie Smythe
,
May 21, 2019
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