CEO / Chief Executive
Swiss Re Expects Catastrophe Reinsurance Prices to Keep Falling
Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to ...
All M&A Deals Have Culture Divides to Address: BCG Report
The idea that cultural differences can spoil a merger or acquisition deal isn't new, but according to M&A consultants at The Boston Consulting Group, cultural differences often show up ...
AIG Reportedly Will Eliminate 125 UK Jobs, Following NYC Cuts
American International Group Inc., the insurer under pressure from activist investors, may eliminate about 125 positions in the U.K. as it scales back in certain countries and moves jobs to ...
Bezos Defends Amazon Culture in Shareholder Letter
In a letter sent to shareholders on Tuesday, Amazon.com Inc.'s founder and chief executive, Jeff Bezos, defended the online retailer's corporate culture, which was the subject of a critical report by ...
Kemper’s Q1 Pre-Tax Cat Losses Could Reach $45M
Kemper Corp. disclosed that its pre-tax catastrophe losses will hit between $35 million and $45 million for the 2016 first quarter. What's more, the Chicago-based insurer said it doesn't expect to ...
PIMCO Claims Gross Was Warned About Losing $200M Bonus if He Quit
Bill Gross was warned he would lose his bonus if he quit Pacific Investment Management Co. before the end of the quarter, PIMCO said in a court filing, challenging the central claim in his lawsuit ...
Travelers CEO Schnitzer Urges Congress to Reduce Corporate Taxes
Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. "We continue to see the U.S. ...
Anyone Can Create a Strategy; Holding It Is the Most Important Part
Insurance leaders trying to learn the secrets behind successful business strategy should consider a classic lesson from TV's "Seinfeld." To reword slightly, "See, you know how to create the strategy, ...