All News articles – Page 333
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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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Online onlyHardy makes H1 loss, appoints new COO
Lloyd’s insurer Hardy has made a loss after tax of £17.1m for the first half of 2011, compared with a profit of £2m in the same period last year.The loss before tax was higher, at £20.7m, because a £3.7m tax credit reduced the net loss.Hardy’s results were hit by the ...
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