CEO / Chief Executive
Allstate’s Q2 Profit Doubles Thanks to Higher Premiums, Investment Gains
Allstate saw its profit more than double thanks to increased premiums, strong investment results and lower auto insurance claims frequency. Net income was $550 million for the second quarter of 2017 ...
AIG Follows Travelers, Chubb in Scaling Back Wall Street Guidance
Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned ...
AIG Saved Money, But Saw Q2 Commercial Insurance Losses Climb
American International Group reported a difficult 2017 second quarter, with net income plunging over the previous year, and a commercial insurance combined ratio that came close to 103. The ...
New York Regulators Seek Info From National General, Others in Wells Fargo Scandals
Two New York regulators sent subpoenas related to practices in the auto lending unit of Wells Fargo & Co., the bank struggling with multiple consumer scandals. The New York Department of ...
Travelers CEO Schnitzer Adds ‘Chairman’ to His Title
The Travelers Companies' CEO Alan Schnitzer has added the title of "chairman" to his nameplate, ending a management structure put in place after the company's legendary leader, Jay Fishman, died of ...
Executives On The Move at Beazley, Kemper, Nationwide and Guy Carpenter
Beazley named a new executive to help grow its engineering business in the U.S. and Latin America. Nationwide hired a financial industry veteran to be chief of investment research for a key division. ...
Anbang Insurance Could Encounter Problems Selling Down Assets
As Anbang Insurance Group Co. comes under pressure to reverse a $10 billion-plus global deal spree, a quick selldown of assets may not be so easy. China is said to have asked the acquisitive insurer ...
Executives On The Move at BHSI and JLT Specialty USA
An insurance industry veteran of Chubb and Mitsui Sumitomo, among other companies, is joining Berkshire Hathaway Specialty Insurance Company to help launch its new Dublin office. JLT Specialty USA ...