All News articles – Page 323
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Online onlyBeazley reshuffles construction team
Colin Rose named global head of construction and engineering
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Jubilee names top execs as takeover closes
Former Lloyd’s head Max Taylor to chair insurer
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Online onlyEarthquake hits Alaska raising tsunami fears
A 7.1 magnitude earthquake has hit Alaska, with the threat of a devastating tsunami forcing residents to flee.The huge earthquake hit just south west of Alaska which struck at 6:55 am EDT and was 22.1 miles deep, according to the U.S. Geological Survey.People living in coastal areas have been told ...
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Online onlyNoonan accuses Transatlantic board of time wasting
Validus CEO Ed Noonan has accused Transatlantic board of wasting time and a failure to pursue the best possible outcome for its shareholders.In a letter sent directly to Transatlanic shareholders, Noonan said: “Since Validus made its superior proposal on July 12, Transatlantic’s board of directors has wasted more than six ...
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Online onlyLiberty Mutual Re appoints COO
Liberty Mutual Reinsurnace has appointed Michael Finnegan as chief operating officer.Finnegan takes over from James Hinchley, who was promoted to chief underwriting officer for Liberty Mutual’s Commercial Markets property and casualty business unit, which provides a broad range of commercial insurance products to mid-sized and large companies through brokers and ...
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Online onlyHot bath spurs Buffett's BofA deal
Billionaire investor Warren Buffett has revealed he was in the bathtub when he dreamt up the idea to invest $5bn in the faltering Bank of America.Like Sicilian mathematician Archimedes who proved the best ideas are bathtub-based, the Berkshire Hathaway owner told CNBC he got the idea to approach BofA CEO ...
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