CEO / Chief Executive
AIG Will Expand Board to Include Billionaire Paulson and Icahn Rep
American International Group, Inc. disclosed on Feb. 11 that its board will expand from 14 seats to 16 seats, a move that accommodates two activist shareholders: billionaires John Paulson and Carl ...
AIG’s Quarterly Operating Loss Worse Than Expected; Share Buyback Accelerates
American International Group Inc, the biggest U.S. commercial insurer by premiums, reported a bigger-than-expected quarterly operating loss, hurt by weak underwriting and lower returns on investments ...
Zurich Announces New CEO Start Date; Q4 Loss Hits $424M
Zurich Insurance attempted to mollify investors on Thursday by bringing forward the start date for incoming Chief Executive Mario Greco and holding its dividend unchanged. But a steeper-than-expected ...
What P/C Insurance Industry Lobbyists Are Fighting for in 2016
Election year or not, P/C industry lobbyists are planning for a busy 2016 in Washington, D.C. The American Insurance Association and the National Association of Mutual Insurance Companies are among ...
CNA Lost $70M in Q4, Dragged Down by Life & Group Results
CNA Financial Corp. lost $70 million in its 2015 fourth quarter, an outcome shaped in part by declining investments and its Life & Group results. The Illinois-based property/casualty insurer ...
Generali Names Interim Chief After Greco Leaves for Zurich
Assicurazioni Generali SpA appointed its Chairman Gabriele Galateri, as acting chief executive officer after CEO Mario Greco decided to quit Italy's biggest insurer to become the head of Zurich ...
Lloyd’s, XL Catlin, Munich Re Among Lemonade’s Reinsurance Backers
Peer-to-peer insurance startup Lemonade said it has signed on several global reinsurers, including Lloyd's of London, XL Catlin and Berkshire Hathaway's National Indemnity. Everest Re, Hiscox and ...
Insurers Kept Their Faith in Allianz’s PIMCO During Transition
While investors pulled funds from Pacific Investment Management Co. in the wake of co-founder Bill Gross's departure, yield-hungry insurance companies kept faith with the company. "Last year the ...