In today’s briefing:
- What Is the Path for Resolving the Challenges of Life Insurance Companies’ Policy Shareholdings?
What Is the Path for Resolving the Challenges of Life Insurance Companies’ Policy Shareholdings?
- It should be noted that some companies that state that they do not possess takeover defenses also indicate that they will take “appropriate measures.”
- Addition of ROE and % of independent directors to the approval/disapproval of takeover defense agenda is likely an afterthought to add these conditions to favor the introduction of takeover defense.
- It’ll take several years before life insurance companies show signs of change in voting. It’ll be interesting to see how they come to terms with their corporate clients and stewardship.