CEO / Chief Executive
AIG Ex-CEO Hancock to Get $9.58M in 2016 Compensation
American International Group Inc shareholders on Wednesday approved the company's 2016 compensation for executives, including the insurance giant's former chief executive, Peter Hancock. Shareholders ...
Executives On The Move at Chubb, Hiscox USA and Crawford & Company
Chubb named a new leader for a key business within its North America Financial Lines division. There's a newly-appointed chief operating officer at Hiscox USA. A former Zurich North America executive ...
Anthem to Settle U.S. Data Breach Lawsuits With Record $115M Payment
Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which ...
Five Questions With Friendsurance Co-Founder Tim Kunde
When Carrier Management last checked in with Friendsurance in June 2016, the Berlin-based company was pursuing expansion, both in number of customers and geographic reach. One year later, the ...
XL Catlin, The McGowan Companies Seal Workplace Violence Insurance Marketing deal
XL Catlin and The McGowan Companies have an exclusive underwriting agreement to start marketing workplace violence insurance to U.S. businesses. The arrangement calls for The McGowan Companies, a ...
The Hartford Is Transferring $1.6B in Pension Liabilities to Prudential
The Hartford said it will transfer $1.6 billion of its pension liabilities to Prudential Financial, affecting current and future benefits for about 16,000 former employees. Plans call for having the ...
Allianz Unloads Private Bank OLB to Apollo for $336M
German insurer Allianz said it had agreed to sell its 90 percent stake in private bank Oldenburgische Landesbank (OLB) to U.S. private equity firm Apollo for 300 million euros ($336 million). Apollo, ...
Trump Talks Drones, Internet of Things With Tech Executives
President Donald Trump met with two dozen executives from technology companies and venture capital firms on Thursday for advice on how the government can promote emerging technologies such as drones ...