CEO / Chief Executive
AIG Agrees to Sell Japan Life Business to Hong Kong’s FWD Group
Hong Kong tycoon Richard Li is poised to buy American International Group Inc.'s Fuji Life Insurance Co. business, a deal that marks his FWD Group's first foray into Japanese insurance. AIG will ...
IIS Names Butt, Sumi, von Bomhard as Hall of Fame Candidates
The International Insurance Society has announced the nominees for the 2017 Insurance Hall of Fame. The 2017 candidates are: Michael Butt, Chairman of the Board, AXIS, Bermuda; Shuzo Sumi, Chairman ...
Argo Group Buying Ariel Re for $235M
Argo Group International Holdings, Ltd., announcing its first major acquisition in eight years, said it will buy Ariel Re for roughly $235 million cash in a deal that could make it a top 10 market at ...
Will GoFundMe Disrupt the Insurance Industry?
Insurers eyeing disruption from the newest cohort of peer-to-peer insurers, including names like Lemonade and Friendsurance, may have be overlooking the biggest potential disrupters of them ...
Liberty Mutual Completely Reverses Last Year’s Massive Q3 Loss
Liberty Mutual Holding Co. scored a significant profit during its 2016 third quarter versus the same period a year ago, thanks in part to rate increases and more policies in force. The insurer and ...
Next Steps for Cybersecurity Model Law
Having faced a lot of "can't be done" reactions to initiatives like increasing competition in the North Dakota's health insurance market and changing a centuries-old life insurance reserving ...
China Passes Sweeping Cybersecurity Law; Foreign Opposition Remains
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies' technology and hamstring their operations in the world's second-largest economy. ...
Behind the Battle Over Loss Sensitive Workers Comp Plans: Small Biz vs. Berkshire’s Applied
David Miller is a stickler for safety at the Goodwill stores he runs in central California. So when Applied Underwriters offered his nonprofit a deal on insurance for workplace accidents if he could ...