Boardroom Agenda
New Blood, Same Veins
Most of the new CEO appointments at many of the world's top insurance companies are what one would expect: men who have spent their entire careers in the insurance business. Not all succession tales ...
Are New Leaders Needed to Guide Insurers Ahead?
Insurance is a business as old as business itself, expertly greasing the wheels of commerce by absorbing risks that would otherwise slow down the engines of growth. Insurance companies have long sold ...
The Big Tease: Buffett Remains Mum About His Chosen Successor
Warren Buffett didn't spill the beans about his already-chosen successor in his latest annual letter to Berkshire Hathaway shareholders. Long-time vice-chairman Charlie Munger fueled continued ...
Special Report: A Closer Look at Berkshire Hathaway’s Insurance Operations
Insurance operations contributed $5.2 billion to total operating income of $16.6 billion for Berkshire Hathaway in 2014—with the underwriting component of $1.7 billion (after taxes) representing ...
Buffett, Munger on Leadership, Success in Business
The Berkshire Hathaway 2014 Annual Report includes discussions from Chair Warren Buffett and Vice Chair Charlie Munger about leadership and success in the insurance business. Some excerpts follow. ...
Regulatory Vetting Prompts One-in-10 to Decline Financial Leader Jobs in U.K.
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis. People put forward for chief ...
AIG’s Former CEO Benmosche Has Died
American International Group Inc. has announced the death of its former president and chief executive officer, Robert H. Benmosche. Benmosche, 70, died on Friday morning at NYU Langone Medical ...
Allstate Is The Latest P/C Insurer to Pursue Texas Expansion
Allstate Insurance Company said it wants to bring close to 300 additional jobs to Texas focused on both agency ownership and sales. The U.S.'s largest publicly held personal lines insurer explained ...