CEO / Chief Executive
Aspen Launches $160M Cost-Saving Program After Money-Losing Q3; Job Cuts Likely
Aspen Insurance Holdings Ltd. said it will launch a program to boost operating efficiencies and save $160 million over three years. An unknown number of job cuts are also likely. Aspen spokesperson ...
AIG’s Newly-Acquired Tech Subsidiary Now Known as ‘Blackboard’
"Blackboard," is the new name for American International Group's technology-focused subsidiary formerly known as Hamilton USA. Hamilton USA was part of Hamilton Insurance Group, but AIG announced ...
Executives On The Move at Ironshore and The Hartford
Ironshore appointed three executives to underwrite Specialty Casualty risk in U.S. and London markets. The Hartford named a new chief medical officer.
Executives On The Move at AIG and Wells Media Group
American International Group has a new chairman of its Risk Management division. Wells Media Group, publisher of Carrier Management, Insurance Journal and Claims Journal, has a new senior strategist, ...
Q3 Catastrophe Fallout: XL Group’s Fitch Ratings Outlook Turns Negative
XL Group got smacked with a negative ratings outlook from Fitch Ratings, thanks to pre-tax natural catastrophe losses in Q3 that hit $1.48 billion. Fitch said it revised the ratings outlook to ...
Chubb CEO Greenberg: Q3 Catastrophe Hits ‘Within Our Tolerance for Risk’
Chubb, like many insurers and reinsurers, took significant catastrophe loss-hits from the hurricanes and earthquakes that struck in August and September. But the insurer kept overall net losses to ...
The Role a CEO Should Play in Carrier-Agency Relationships
Years ago during a particularly challenging time for Arbella, the trust we had built with our independent agents was severely tested. On the advice of Arbella's vice chairman and my long-time mentor, ...
New Uniform, Same Team Culture: Allied World Post-Fairfax Deal
Lou Iglesias took on a bigger role at Allied World late in the second quarter, moving from president of North American operations to CEO of Global Insurance. In an interview with Carrier Management a ...