CEO / Chief Executive
Climate Change Risks Forcing States, Cities to Borrow Billions in Move to Adapt
Dan Gelber, the mayor of Miami Beach, Florida, says climate change will be a homeowners' worst nightmare. "If you own a home and you find that your roof has a problem or you find out there's a ...
CNA Buoyed by Trump Tax Cuts and Lower Catastrophe Losses
The Trump tax cuts helped CNA Financial Corp.'s 2018 third quarter net income soar. Lower catastrophe losses also helped the bottom line, but investment income declined. Net income for the ...
The Road to Greatness: Transforming Culture From Complacency to Ownership
When you're in a consumer-focused business, your job is to help people. Those of us in the insurance industry know we have a great advantage: When people have their worst day, we help them put things ...
Berkshire Hathaway’s Q3 Profit Gains Spanned Insurance and Everything Else
Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said its quarterly operating profit doubled as its insurance business dodged hurricanes and benefited from ...
Opinion: Money Managers Are Unlikely Activists to Push for Climate, Social Good
If you are looking to save the environment, address racial or gender discrimination, fight for human rights or tackle corruption, it looks like you have some unlikely allies: Money managers. Do not ...
InsurTech Pilots and Pivots: Learning by Doing and Undoing
"If you can't admit a failure, you're not an entrepreneur. You are not a good business person. There's nothing brilliant about what you are doing." –Mark Cuban InsurTechs are great for the industry ...
AIG CEO Duperreault Cautions Initial 2019 Underwriting Profit Won’t Be ‘A Great One’
American International Group has continued to face General Insurance underwriting losses since President and CEO Brian Duperreault took the helm of the struggling insurer in mid-2017. He remains ...
AIG Loses Money Again, With Natural Disaster Costs to Blame
Catastrophe losses in Japan and North America pushed American International Group to a net loss of $1.3 billion for the third quarter of 2018 compared to a net loss of $1.7 billion in the prior-year ...