Property & Casualty Insurance

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Peter D. Hancock assumes role as American International Group Inc President and Chief Executive Officer

8:00am EDT

American International Group Inc:Says Peter D. Hancock has assumed role of President and Chief Executive Officer of AIG, and has joined AIG's board.Hancock succeeds Robert H. Benmosche, who retired and serves as an advisor to AIG.

Fairfax Financial Holdings Limited to acquire Pethealth Inc. for $2.79 per share in cash

Sunday, 31 Aug 2014 06:31pm EDT

Fairfax Financial Holdings Limited and Pethealth Inc:Says that they have entered into an arrangement agreement under which Fairfax will acquire all of the outstanding common shares of Pethealth for $2.79 per share in cash.Says in addition, under the terms of the transaction, Fairfax will acquire all of the outstanding preferred shares of Pethealth for a purchase price of $2.79 per share in cash, plus any dividends accrued but unpaid up to, but excluding, the day of closing.Says total cash consideration of about $100 million will be paid for Pethealth's common and preferred shares and options.

Genworth MI Canada Inc announces transition of Brian Hurley from Chairman and Chief Executive Officer to Executive Chairman; appoints new CEO and President

Thursday, 28 Aug 2014 05:11pm EDT

Genworth MI Canada Inc:Says Chairman and Chief Executive Officer, Brian Hurley after five years in his current roles will transit to newly created role of Executive Chairman effective Jan. 01, 2015.Appoints Stuart Levings, Chief Operating Officer of Genworth Canada will succeed Hurley and take on role of President and Chief Executive Officer effective Jan. 01, 2015.

Calliden Group Ltd reaffirms FY 2014 net profit guidance

Tuesday, 26 Aug 2014 11:00pm EDT

Calliden Group Ltd:Says that it is maintains its guidance of a net profit after tax of $7.5-9.5m for the FY 2014.

Steadfast Group Ltd enters into scheme implementation deed to acquire Calliden Group

Tuesday, 26 Aug 2014 11:00pm EDT

Steadfast Group Ltd:Says that it has entered into a scheme implementation deed (SID) with Calliden Group Limited to acquire all the issued shares of Calliden by scheme of arrangement.Calliden shareholders will receive a total of 46.5 cents per share if the Scheme is approved, consisting of cash consideration from Steadfast of 41.5 cents per share and a special fully franked dividend of 5.0 cents per share.Says based on 226.7 million issued shares, the Scheme values Calliden at $105.4 million and consists of $94.1 million cash consideration from Steadfast and an $11.3 million special dividend payment from Calliden.

IGI Insurance Ltd announces management change

Tuesday, 26 Aug 2014 08:00pm EDT

IGI Insurance Ltd:Says Jalees Ahmed Siddiqi, chairman / chief executive / managing director / director / company secretary of company has ceases to be chairman / chief executive / managing director / director / company secretary with effect from Sept. 1.Chaudhary Tahir Masaud has been appointed as chairman / chief executive / managing director / director / company secretary.

Picic Insurance Ltd announces appointment of managing director / CEO

Tuesday, 26 Aug 2014 08:00pm EDT

Picic Insurance Ltd:Says Afroz Quraishi has been appointed as managing director / CEO with effect from Sept.1 in place of Ahmed Salahuddin.

FBD Holdings PLC reaffirms FY 2014 EPS guidance

Tuesday, 26 Aug 2014 02:02am EDT

FBD Holdings PLC:Says that it re-affirms its previous guidance and expects FY 2014 operating earnings per share of between 70 and 80 cent.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Edison Investment Research
$10.00
Provider: Edison Investment Research
$10.00
Provider: Zacks Investment Research Inc.
$10.00
Provider: GlobalData
$125.00

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