CEO / Chief Executive
Chubb Buying Cigna’s Asia-Pacific A&H, Life Businesses for $5.75B
In a deal that will expand its Asia book to $7 billion in net premiums, Chubb announced a definitive agreement to acquire some life and non-life insurance companies from Cigna in seven Asia-Pacific ...
Trust on Day 1 Isn’t Best Strategy for New Leaders
The goal of any new leader is to quickly establish a high level of trust and credibility with the team. After all, numerous studies have shown that trust in leadership is linked to higher individual ...
Allianz Transfers Legacy Life Portfolio to Resolution Re
Allianz Suisse Life has agreed to transfer to Resolution Re a legacy portfolio of individual life products, which have a reserve volume of around 4 billion Swiss francs ($4.3 billion). Using quota ...
Generali CEO Wins Board Backing Despite Opposition From Two Leading Shareholders
The board of Assicurazioni Generali on Monday threw its weight behind the reappointment of Chief Executive Philippe Donnet, overlooking opposition from two leading shareholders in Italy's top ...
InsurTech NY Debuts Index Scoring Carrier Willingness to Partner With Startups
InsurTech NY is debuting an index that scores insurance and reinsurance companies on their willingness and ability to partner with industry-related tech startups. The organization, which bills itself ...
Key Generali Committee Reportedly Backs Keeping Donnet as CEO
Generali's appointments committee recommended that the board finalize a slate of nominees for its renewal keeping Philippe Donnet as CEO for another term, three sources close to the situation told ...
Buckle Up for Interesting Times: Not a ‘Standard’ Hard Market
Interesting. Fluctuating. Moderating. Fun. Those are the words that Patrick M. Gallagher, the chief executive officer of Gallagher Global Brokerage for the Americas, used to respond to a question ...
Root Promotes CFO Rosenthal to New Position Designed to Accelerate Growth Initiatives
Root promoted CFO Daniel Rosenthal to the new position of Chief Revenue and Operating Officer, an organizational change the Ohio-based digital auto insurer is pursuing to help accelerate growth. In ...