Executives On The Move at Sompo International and Liberty Mutual
Sompo International Holdings Ltd. promoted two executives. Liberty Mutual named a financial industry executive to its board of directors.***
Sompo International ...Boardroom Agenda
Executives On The Move at AXIS Re and PartnerRe
The leader of a major AXIS Re division is retiring, and someone is being promoted from within to replace him. PartnerRe hired an outside executive to help run its Americas division.***
AmTrust to Sell Surety, Credit Reinsurance Biz to Liberty Mutual
Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Financial terms were not disclosed. ...
Veteran Nationwide CEO Rasmussen Plans to Retire; Succession Search Is Underway
Long-time Nationwide Chief Executive Officer Steve Rasmussen plans to retire later in 2019, the company disclosed. Rasmussen's last official day as CEO will be Oct. 1, 2019, capping more than 10 ...
Executives On The Move at Everest Insurance and AmeriTrust Group
Everest Insurance named a new chief commercial officer. AmeriTrust Group Inc. has a new chief of staff, after promoting from within.
UK Specialty MGA Nexus Buys an MGA and a Broker
UK specialty managing general agent Nexus Group lived up to its description as an "acquisitive insurance intermediary holding company," with the purchase this week of an MGA and an insurance broker. ...
American Family Insurance Will Pay $1 Billion for Ameriprise Auto & Home
Ameriprise Financial is selling its Ameriprise Auto & Home (AAH) division to a subsidiary of Madison, Wisconsin-based American Family Insurance Mutual Holding Co. (American Family Insurance), the ...
Executives On The Move at Sompo International and AXA XL
Sompo International promoted a long-time executive in a branch of its commercial property/casualty business. A long-time executive affiliated with AXA XL is stepping down from one of its divisions to ...
Ex-Wells Fargo Official to Join AIG in Security Leadership Role; Three Nominated to Board
American International Group, Inc. hired a former Wells Fargo & Company executive and government security official in a leadership role, and separately nominated three new board members. Rich ...
Marsh & McLennan Closes $5.6B JLT Acquisition
Marsh & McLennan Cos. (MMC) completed its $5.6 billion acquisition of Jardine Lloyd Thompson Group plc (JLT). "Today marks the beginning of a new era with Marsh & McLennan and JLT coming ...