CEO / Chief Executive
The Hartford Completes $168M M&A Deal for E&S Outfit Maxum Specialty
The Hartford Insurance Group (HIG) has completed its acquisition of Maxum Specialty Insurance Group for $168 million in cash. The transaction, announced in March, closed on July 29. Maxum will ...
Hartford’s ‘Difficult Stretch’ Led to Large Q2 Profit Plunge
Hartford Financial Services Group Inc. posted the third-biggest decline in the S&P 500 Index after second-quarter profit plunged on losses from auto insurance. The insurer dropped $4.08, or 9.3 ...
AIG CEO Peter Hancock is Vulnerable, With Q2 Profit Expected to Plunge
The clock is ticking for Peter Hancock. The American International Group Inc. chief executive officer has posted three straight quarterly losses and will probably report Tuesday that profit in the ...
AIG’s U.K. Arm Adds Brexit Coverage For Anxious Execs
American International Group is coming out with new Brexit coverage in the U.K for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG ...
Chubb CEO Evan Greenberg: 60 Mid-Level Managers Left Since M&A Deal Announced
Chubb Chairman and CEO Evan Greenberg insists that just 60 mid-level managers have departed since the insurer's now-completed $30 billion merger with ACE Ltd. was first announced a little over a year ...
Chubb Takes Q2 Storm Hit; CEO Greenberg Slams Protectionism, Anti-Immigation Politics
Chubb Ltd. weathered claims from major storms in Texas and other U.S. states, Canadian wildfires and earthquakes in Japan and Ecuador in the second quarter to record solid operating results. ...
Berkley Chairman: Brexit Risks Addressed With Liechtenstein Office
W.R. Berkley Corp.'s legendary chairman said that the insurer should see limited impact following the United Kingdom's vote to pull out of the European Union, due in large part to a risk management ...
Everest Re’s Q2 Net Income Battered by Catastrophe Costs, Investment Declines
Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common ...