CEO / Chief Executive
China’s Fosun Group Turns to Local M&A; $3B in New Bonds Reportedly Planned
Fosun Group is planning to raise as much as 21 billion yuan ($3.2 billion) selling local bonds as the Chinese insurance-to-pharmaceutical conglomerate refinances debt and increases its investments ...
Utica National Joins Billion-Dollar Direct Written Premium Club for First Time
Utica National Insurance Group has announced that it has become a billion-dollar company for the first time in its nearly 104-year history. The company surpassed $1 billion in direct written premiums ...
Watsa’s Fairfax Financial Closes $1.6B Sale of Singapore Insurer to Mitsui Sumitomo
Fairfax Financial Holdings said it has successfully sold off a Singapore insurer it owned to Japan's Mitsui Sumitomo Insurance Company for $1.6 billion. The deal between the Toronto, Canada-based P/C ...
Carrier Management’s Top 10 News Stories of 2017
Carrier Management's top 10 2017 news stories involved some interesting industry developments. AmTrust had some accounting issues, since resolved, that drew significant reader interest. Former AIG ...
Preparing for Unimagined Possibilities: A Guide to Future Strategy Planning for Insurers
Imagine that your car, acting on information from your AI-powered virtual assistant that you didn't get enough sleep, suggests driving itself to your morning meeting—and if you refuse, talks to ...
Carrier Growth Strategies Diverge: Disruption Impossible for Some, Embraced by Others
We hold these truths to be self-evident: A shrinking insurance company will sooner or later run afoul of regulators, rating agencies, distributors and customers. It is virtually impossible to ...
Executives On The Move at CNA, Chubb, Starr Companies and AXIS
CNA hired a new vice president, Underwriting for Large/Complex Property. Chubb beefed up its Real Estate and Hospitality practice with several new promotions. Starr Companies appointed an influential ...
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...