CEO / Chief Executive
American Family, Main Street America Group to Merge
On Friday, Madison, Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group announced that their companies will pursue a merger. The combined equity of the ...
AIG CEO Duperreault Promises Year-End Underwriting Profit; Investors Not Convinced
American International Group Inc executives on Thursday defended their strategy for transforming the company, saying some key improvements would take hold by year-end, but failed to convince ...
How to Lead Through Uncertainty
Navigating your organization through transformation requires visionary, empathetic and creative leadership. But such disruption can set off your survival instincts, causing you to fight, flee or ...
Allstate’s Net Income Grew in Q1; A Surprise Dip in Auto Accident Frequency Helped
An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...
AIG Continues to Struggle as Catastrophe Costs, Lower Yields Hammer Profit
American International Group Inc reported a 21 percent decline in first-quarter profit on Wednesday, due to higher catastrophe and bad weather claims, as well as weaker investment income. The insurer ...
Islamic Insurers, Banks Shift Focus to Profits and Fintech: Survey
Islamic banks and insurers are focusing on profitability and new financial products as the industry shifts away from years of containing the adverse impact of low oil prices, an industry body said on ...
Validus, Prepping to Be Acquired by AIG, Lost Money in Q1
Validus Holdings reported it lost money during the 2018 first quarter, due partly to more expenses, an underwriting loss in its insurance segment and a drop in income for the carrier's reinsurance ...
The Hartford Soars, Thanks to Tax Reform, Lower Cat Costs, Higher Net Investment Income
The Hartford reported a big rise in net income for the 2018 first quarter, crediting factors for the gain such as higher overall underwriting results, lower catastrophe losses, a boost in net ...