Presidential Life and Athene have inked a definitive agreement for an Athene subsidiary to acquire Presidential Life for $14 per share in cash, in lieu of an aggregate purchase price of nearly $415m. In pursuant of the terms of the merger ...
Tags: Presidential Life and Athene, Presidential Life, acquisition
Balta announces the appointment of Hendrik Deruyck as Chief Executive Officer of Balta Group. Hendrik knows Balta very well, as he was Business Unit manage rof ITC until 2000, and was instrumental in setting up the vinyl factory IVC in ...
New York Life Insurance Company has appointed money management executive Gerald Smith as a new member of the company’s board of directors, effective from 1 November 2012. Smith currently serves as chairman and CEO at his co-founded ...
Tags: New York Life Insurance, money management executive, Gerald Smith
Guidewire Software, a property/casualty (general) insurers’ technology provider, has elected Guy Dubois as a new director to its Board of Directors. Guidewire Software chief executive officer Marcus Ryu said, "He brings a veteran ...
Tags: Guidewire Software, Guy Dubois, new director, insurance, property, casualty
Tower Group has accomplished its $75m investment in Canopius Group and subsequently acquired 10.7% of the ordinary share capital in the firm. Canopius, a privately owned Lloyd's of London insurance holding company offers insurance and ...
Tags: Tower Group, investment, Canopius Group, share capital, insurance
The Navigators Group, a US-based insurance company focusing on specialty products within the overall property/casualty insurance market, has selected Saul Basch to its board of directors. The Navigators Group president and chief executive ...
Tags: Navigators Group, Stanley Galanski, director, insurance
Nominations reflecting world’s best practice in the intelligent transport systems (ITS) industry were winners at the third ITS Australia Awards presentation ceremony in Melbourne on 28 November. ITS Australia president and chair of ...
Tags: ITS Australia Awards, Nominations, presentation ceremony, Australia
Groupama has entered into exclusive negotiations to sell its French marine insurance portfolio to Switzerland based Helvetia Insurance. The portfolio is currently housed in Groupama's subsidiary Gan Eurocourtage. In June 2012, Groupama ...
Tags: Groupama, marine insurance, insurance, portfolio
Property and casualty insurance provider, United Insurance Holdings has appointed John Forney as its new chief executive officer, effective from 14 June 2012. Forney will also serve as a director on the company's Board. United's Board ...
Tags: United Insurance Holdings, John Forney, insurance company, insurance
Oxford Industries Inc. announced that J. Hicks Lanier has informed the company's board of directors that he plans to retire as chief executive officer effective as of December 31, 2012. Mr. Lanier will continue to serve as chairman of the ...
RLI, a property and casualty insurance firm headquartered in Peoria, Illinois, US, has named two directors to its board, bringing the total number of directors to 11. The insurer said that its president & chief operating officer Michael ...
Tags: RLI, management board, insurance, RLI director
The Board of Directors of Indorama Ventures Public Company Limited has approved to expand the PET polymers production capacity in the USA by setting up a new plant with a capacity of 540,000 tonnes per year. This expansion,which is ...
Tags: pet capacity, Indorama
Orenburg hosted the fifth meeting of the Joint Coordinating Committee between Gazprom and Petrovietnam State Oil and Gas Corporation as part of the execution of the Strategic Partnership Agreement signed by the companies. The meeting was ...
Tags: Orenburg, Sci-Tech cooperation agreement, Gazprom, Petrovietnam
GlobalOptions has appointed Lars Skaar as director of International Strategies, to help assist in expanding the firm's SIU programs throughout Europe and around the world. In his new role, Skaar will be responsible for leading SIU ...
Tags: GlobalOptions, Lars Skaar, SIU program, program development
Global Indemnity (GBLI) has appointed John Howes to the board of directors, which has already come into effect from 16 July 2012. Howes began his career with JH Minet & Co., a Lloyds of London Broker, and moved to Minet Holdings to assume ...
Tags: GBLI, John Howes, board of director, insurance, broker