CEO / Chief Executive
January Severe Weather in U.S. Cost Insurers More than $1B: Aon
Major weather and flood events in the U.S. during January will cost the insurance industry more than $1 billion as tornadoes hit a 17-year high, according a report published by Impact Forecasting, ...
Zurich’s Q4 Profit Boosted by One-Time Gains; Greco’s Revamp Strategy Questioned
Zurich Insurance Group AG fell in Zurich trading after posting a quarterly profit supported by one-time gains as Chief Executive Officer Mario Greco presses ahead with an overhaul of Switzerland's ...
Look Beyond the Quarterly Numbers
Focusing too much on hitting quarterly numbers can lead a company to make short-term moves that get in the way of long-term strategy. If revenue has become shorthand for whether your business is ...
A Large Swath of Businesses Remain Ill-Prepared for Cyber Attacks: Hiscox
A study of 3,000 companies in the UK, U.S. and Germany, reveals that more than half (53 percent) of businesses in the three countries are ill-prepared to deal with cyber attacks. Fewer than one-third ...
Higher Claims, Falling Prices Hurt Munich Re’s Q4 Profit
Munich Re, the world's biggest reinsurer, reported a bigger-than-expected drop in fourth-quarter earnings as claims from natural disasters rose while prices continue to fall. Net income declined to ...
Guts, People, Regulatory Education Needed to Innovate Insurance
At an industry conference last month, two insurance executives welcomed news of potential flexibility coming from state regulators as they pursue individual paths to digital and data-driven futures, ...
CNA CEO Robusto ‘Back in the Game,’ Though 2017 Has Room for Improvement
CNA reported fourth-quarter and full-year 2016 results, with its new CEO indicating that while there is a strong foundation at the insurer, the company has work to do in improving underwriting ...
In Memorium: Chubb, Horace Mann Remember Two Execs Who Have Passed
Both Chubb and Horace Mann Educators Corp. disclosed the deaths of long-time, well-regarded executives. *** John Cox, the founding chairman and first employee of ACE Ltd., died recently at age 84. ...