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Insurance
The Hartford has reshuffled a number of senior positions as current chairman, president and chief executive officer, Liam McGee, steps down and the company executes its succession plan. 10 June 2014
Insurance
Aspen Insurance has rejected a revised proposal by Endurance to acquire the business describing the new offer as grossly undervaluing the company and a strategic mismatch that would not be in the interests of its shareholders. 3 June 2014
Insurance
As it continues to grapple with hostile overtures from Endurance, the board of under-pressure re/insurer Aspen has sought to reassure shareholders by publishing an investor presentation detailing its progress and plans for what it describes as the pursuit of an ambitious growth strategy. 21 May 2014
Insurance
One of the biggest shareholders in Aspen Insurance sold a large percentage of its stock in the insurer in the first quarter, it has emerged. 19 May 2014
Insurance
Aspen US Insurance, part of the insurance segment of Aspen Insurance, has appointed Roxanne Mitchell, formerly of XL, as executive vice president (EVP) and chief casualty officer. 13 May 2014
Insurance
Aspen US, part of the insurance segment of Aspen Insurance, has appointed a senior vice president of energy and construction, to support the growing demand for energy risk expertise in Latin America. 7 May 2014
Insurance
Against a backdrop of its increasingly public battle for control of the company with Endurance Speciality, Aspen Insurance posted solid results for the first quarter of 2014. The company saw growth of more than 10 percent and an increase in its profits, driven partly by increased traction in its US insurance business. 24 April 2014
Insurance
Endurance Specialty has again publically criticised the refusal by the board of Aspen Insurance to consider its $3.2 billion offer for the company. The companies have been in an increasingly bitter war of words over the unsolicited bid for almost two weeks now. 23 April 2014
Insurance
The increasingly acrimonious battle between Endurance Specialty and Aspen Insurance – sparked by an unsolicited $3.2 billion bid for Aspen by Endurance – took a new twist late last week when Aspen moved to block the bid through a shareholders’ rights plan, which Endurance described as a “poison pill”. 22 April 2014
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