Axis agreed to a 52% increase in the size of the dividend that PartnerRe shareholders would get before their planned merger, seeking to fend off a hostile bid from Exor.

Chris Fischer Hirs, the head of Allianz SEs specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat.

PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from Exor SpA, is weighing whether it can arrange new terms with rival reinsurer Axis Capital Holdings Ltd. to preserve their planned merger.

PartnerRe Ltd.s former Chief Executive Officer Patrick Thiele said the reinsurers shareholders should vote against a planned merger with Axis Capital Holdings Ltd. and called the cash offer from Italys Exor SpA a better option.

Evan Greenberg just took dealmaking to the next level.

Fifteen years after defecting from the insurance giant that was put together by his father, the legendary Maurice Hank Greenberg, the son is assembling a colossus of his own.

Hartford Financial Services Group Inc. Chief Executive Officer Chris Swift said the insurance industry is innovating more than people realize, as he looks to draw young and diverse talent to his company.

AIG is seeking a CIO to oversee a portfolio valued at more than $350 billion.