CEO / Chief Executive
A Phone Call From AIG’s Duperreault; A Deal 72 Days Later
It started with a phone call—from American International Group's Brian Duperreault to Validus Holdings' leader Ed Noonan. Roughly two-and-a-half months later, including time for just over one month ...
Executives On The Move at Chubb and Willis Towers Watson
Chubb named a new senior underwriter for its Global Markets unit. Willis Towers Watson appointed one of its rising executives to a new role within its Corporate Risk and Broking segment.
More Industry Consolidation Will Follow the AXA/XL Group Tie-Up: KBW
AXA's planned $15.3 billion acquisition of XL Group Ltd. will spur more consolidation among commercial insurers, Keefe, Bruyette & Woods analysts said in a new report. "The combined AXA/XL would ...
Generali Reportedly Evaluating Bids for German Life Biz
Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA's 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge ...
Shah Departs as RMS CEO; Silicon Valley Vet White Replaces Him
Hemant Shah is out as CEO of catastrophe modeler RMS, and veteran Silicon Valley technology executive Karen White has been appointed to replace him. It is unclear if Shah, who is also an RMS ...
Pie Insurance Rolls Out First Online Workers Comp Policies in 4 States
Pie Insurance said it is ready to start selling its first workers compensation policies, and the InsurTech startup expects to be operating in 15-20 states by the end of 2018. Policies are slated to ...
AmTrust Will Go Private; Deal Involves CEO Zyskind, Stone Point Capital
AmTrust Financial Services has sealed a deal to become a private company, after first disclosing plans to do so in early January. "This transaction represents an exciting step forward for AmTrust, ...
Zurich Will Pay $409M for QBE’s Latin American Operations
Zurich Insurance Group will pay $409 million for the Latin American operations of Australian insurer QBE, a deal that will help it become the top insurer in Argentina and build market share in other ...
Hurricanes, Wildfires End Berkshire Hathaway’s 14 Consecutive Years of Underwriting Profit
Buffett, 87, Also Offered Few New Hints About His Succession Plans Warren Buffett's Berkshire Hathaway's combination of insurance entities have recorded 14 consecutive years of underwriting profit ...