Brian Duperreault

Development owned by AIG CEO collapses owing $168M to Bermuda Gov’t

March 27, 2020

A "partially complete" luxury hotel and residences development on "prime real estate" in Bermuda whose principal beneficial owner is AIG CEO Brian Duperreault has gone into provisional liquidation owing at least $168 million to the local government.

George’s Bay Ltd.: Chapter 15 Petition (Bermuda)

March 26, 2020

Chapter 15 Petition for Recognition of a Foreign Main Proceeding in Bermuda by Keiran Hutchison and Chris Maiato, both of Ernst & Young Ltd., as the Foreign Representatives of George's Bay Limited, at the U. S. Bankruptcy Court for the Southern District of New York.

ACE class action settlement: $500,000 for attorneys, $1.4 m for 78,000 class members

June 25, 2009

On June 10, 2009, a federal judge in Philadelphia gave final approval to the $1.95 million settlement of a class action complaint alleging bid rigging against ACE Ltd. and three current or former officers that was agreed by the parties

2004 Bermuda Insurance Market Compensation Review: Montpelier Re boss tops contemporaries with $15.3 m package

April 30, 2005

Stock option profits of $9.8 million helped make Anthony Taylor the best compensated officer of a Bermuda-based, publicly-listed insurer in 2004.The Chairman, President and CEO of property and casualty reinsurer Montpelier Re received a total package worth $15.3 million during the 12-month period, propelling him into top spot in InsideBermuda's compensation review, compared with 31st position a year earlier.

Class action law firms circle Spitzer’s ‘kill’

October 31, 2004

Class action law firms in the United States are targeting at least two Bermuda insurers and their officers as a result of Eliot Spitzer's investigation into alleged bid-rigging at broker Marsh & McLennan.At least three separate class actions alleging securities fraud have already been filed against ACE Ltd. and two against AXIS Capital Holdings Ltd. at federal courts in New York and Pennsylvania.

2003 Compensation Review for Bermuda Insurance Executives

April 30, 2004

Massive profits from exercising stock options made ACE Ltd. officers Donald Kramer and Brian Duperreault the best compensated officers among Bermuda-based, publicly-traded insurers in 2003.Kramer and Duperreault topped InsideBermuda's Seventh Annual Compensation Review for Insurance Executives with packages of $27.5 million and $26.8 million, respectively, for the 12-month period.

InsideBermuda’s 2002 Bermuda Insurance Executives Compensation Review – James Stanard tops with $17 million

April 30, 2003

RenaissanceRe Chairman and CEO James Stanard has topped InsideBermuda's annual insurance executive compensation review for the sixth consecutive year with a package valued at $17 million for 2002.His package was 50 per cent higher than the runner-up, his colleague William Riker, with RenaissanceRe officers filling the highest four positions and five of the top six.

James Stanard tops Executive Compensation Review for fifth straight year

April 30, 2002

RenaissanceRe Chairman and CEO James Stanard has topped InsideBermuda's annual insurance executive compensation review for the fifth straight year with a package valued at $24.4 million for fiscal 2001. Stanard's compensation was almost three times the value of the runner-up - his colleague at RenaissanceRe, David Eklund, who earned $8.6 million.

World Insurance Forum announces speakers

December 31, 2001

The '2002 World Insurance Forum', which is being held in Bermuda on February 19-22, has announced the participation as speakers of several influential industry businessmen.

Bermuda Insurance Market Ownership Review: 21 officers worth over $10 million

May 31, 1998

RenaissanceRe president and CEO James Stanard has topped a survey valuing the shareholdings held by the top officers of Bermuda-registered publicly-listed insurers in their own companies, with a stake valued at $48.7 million on March 16, 1998.