CEO / Chief Executive
Executives On The Move at Hamilton Re and TigerRisk
Hamilton Re promoted a veteran executive to handle its casualty & specialty operations. broker TigerRisk Partners LLC hired an outside executive to lead one of its key divisions.
Allianz Extends Contract of CEO Bäte for an Additional Five Years
Allianz SE extended the contract of CEO Oliver Bäte an additional five years, through September 2024. Bäte has been in charge of Allianz for about four years, and his original contract had been set ...
Actuarial Society Merger Talks End After CAS Board Vote
Last week, during the group's annual meeting in Las Vegas, the Casualty Actuarial Society's board put an end to plans that would have merged the organization with its life insurance counterpart, the ...
Big Ten Conference Schools Produce Most CEOs: Research
Big Ten athletic conference schools—and the University of Wisconsin, in particular—are the biggest producers of chief executives of Fortune 500 companies, according to research from an executive ...
AXA XL Advances Alternative Capital Biz by Buying 100% of New Ocean
AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. New Ocean is ...
China Advances Plan to Let Foreign Insurers Control Local Joint Ventures
China will accept applications early next year from foreign insurers seeking to take control of their local joint ventures and is even weighing giving them full ownership earlier than flagged, people ...
Nationwide Plans to Slash More Than 1,000 Jobs
Nationwide intends to eliminate the jobs of about 1,100 employees across the country _ around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des ...
U.S. Firms Face High CEO Turnover Due to Poor Succession Planning
About 1 of every 8 chief executive officers at the biggest publicly traded U.S. firms leave within three years. Better succession planning could improve longevity and save shareholders billions of ...