Why re/insurers should fear the rise of activist investors

04-04-2019

Why re/insurers should fear the rise of activist investors

There are some chief execs right now taking a pretty good look at their own affairs in terms of how they spend company funds. I have also heard of a number of companies asking their investor relations teams for a thorough analysis of peer-related performance.

There are some chief execs right now taking a pretty good look at their own affairs in terms of how they spend company funds. I have also heard of a number of companies asking their investor relations teams for a thorough analysis of peer-related performance.

“This has definitely triggered the fear factor in the industry, with some very senior people thinking ‘there but for the grace of God go I’.”

That is a quote from one London Market executive speaking in the aftermath of the remarkable and very public war of words between investor Voce Capital and the board of the Argo Group, in which Voce owns a 5.8 percent stake.


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