CEO / Chief Executive
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 ...
AGCS and Cyence Link on Cyber Risk Modeling Plan
Allianz Global Corporate & Specialty SE is turning to Silicon Valley startup Cyence an effort to boost its ability to perform global cyber risk analysis in multiple ways. Their pairing will allow ...
CEO Viewpoint: How Biz Insurers Can Jump on the E-Commerce Bandwagon
It seems like InsurTech has become the term du jour over the last nine months. It is often used to imply destruction, disintermediation, disruption and disaster (the four Ds) for the insurance ...
Equifax CEO Smith Retires After Massive Cyber Attack
Equifax said on Tuesday its Chief Executive Officer Richard Smith will retire following a massive data breach at the credit reporting firm that exposed personal details of up to 143 million U.S. ...
IICF Starts Another Disaster Relief Fund to Aid Irma Victims
The Insurance Industry Charitable Foundation (IICF), a nonprofit organization, announced the establishment of a new disaster relief fund to assist those affected by the catastrophic damage of ...