CEO / Chief Executive
Warren Buffett’s Latest Investment: A U.S. Truck Stop Operator
Buffett's Berkshire Hathaway Inc on Tuesday deepened its commitment to the American economy, saying it bought a major stake in Pilot Flying J, the largest U.S. truck stop operator, and will become ...
AIG Hires Novae Veteran as New Reinsurance Head
American International Group brought on a former Novae group executive to lead its reinsurance and other divisions. Charles Fry joined the company as head of Reinsurance, Operations and ...
Berlin’s Simplesurance Has Sights Set on U.S. With Cross-Selling Insurance Software and More
Based on the edge of Berlin's trendy Mitte district in bright, open offices, Simplesurance is yet another InsurTech startup seeking to transform insurance. It is also eyeing the U.S. for future ...
Apple, Google, Facebook, Amazon Give Insurers Innovation Inspiration
As insurers seek inspiration to drive innovation, it makes sense to turn to modern-day tech titans to find useful ideas that might be adapted for the insurance industry. Innovation is the lifeblood ...
AIG Shoots for Expansion Now That ‘Too Big To Fail’ Status Is Going Away
Now that American International Group Inc. is no longer too big to fail, it has a goal: Get bigger. The U.S. freed the New York-based insurer from enhanced regulation, removing the scarlet letter it ...
Generali’s German Arm Plans Life Insurance Run-Off in Early 2018
Generali Deutschland has launched the next phase of its program to reorganize in Germany, which is one of Generali's core markets. The program is designed to strengthen and streamline operations, ...
Chubb Inks Multiyear Distribution Deal With Asia’s DBS Bank
Chubb inked a new multiyear distribution deal with DBS Bank, a financial giant that will give it even deeper market penetration in Asia. The agreement calls for Chubb to distribute general insurance ...
Cyber Attacks Are Getting Ubiquitous and Expensive for U.S. Businesses: Hartford Steam Boiler
Cyber attacks have gotten so bad that just over half of U.S. businesses have reported one over the past year, and a large majority of those targeted spent substantial money to investigate and ...