CEO / Chief Executive
AIG CEO Hancock Sees MetLife ‘Too Big to Fail’ Ruling as Opportunity
A judge's ruling that MetLife Inc is not "too big to fail" opens up an opportunity for insurer American International Group Inc to seek an exemption from the tag, AIG Chief Executive Peter Hancock ...
Zurich Insurance Chairman Insists Overhaul Will Lead to Better Results
Zurich Insurance Group AG will see improving results this year after taking steps to cut costs and overhaul units following unexpected losses at its general insurance unit, according to Chairman Tom ...
Icahn Win: AIG to Change CEO Pay Measure
American International Group Inc. abandoned the use of credit-default-swap spreads as a measure of long-term performance for its chief executive officer -- a partial victory for activist investor ...
China Tech Outfit Discloses Intent to Buy Unnamed Reinsurance Group
A Chinese high-tech operation said it plans to snatch up a group of reinsurance companies in a diversification move. China Goldjoy Group Ltd., formerly known as World Wide Touch Technology Holdings ...
Ex-AIG CFO Herzog Joins Ambac’s Board as Proxy Fight Looms
Ambac Financial Group Inc. appointed former American International Group Inc. Chief Financial Officer David Herzog to its board as the bond insurer works to fend off activist investor Canyon Capital ...
Warren Buffett’s Berkshire Hathaway Boosts Wells Fargo Ownership Stake
Warren Buffett's Berkshire Hathaway Inc on Monday said it has increased its ownership stake in Wells Fargo & Co to 10 percent, a level that could mean increased federal scrutiny over the ...
The Hartford Adds Five More Teams to Major League Baseball Sponsorship
The Hartford is boosting its advertising investment in Major League Baseball. Already a sponsor of five teams, The Hartford said it will add five more to the list: the Atlanta Braves, Baltimore ...
AIG Will Slash 242 Jobs in NYC
American International Group Inc., the insurer that's been under pressure from activist investors, said it plans to cut 242 jobs at five locations in New York City. The reductions will take place ...