CEO / Chief Executive
$28B ACE/Chubb Merger Up for Oct. 22 Shareholder Vote
ACE CEO Evan Greenberg said progress on the planned $28 billion merger between his company and Chubb continues apace, with shareholders from both sides set to cast their vote on Oct. 22. "We are on ...
U.S. Senate Begins Debate Over Controversial Cyber Security Bill
The U.S. Senate on Tuesday began debating a long-delayed bill that would make it easier for corporations to share information about cyber attacks with each other or the government without concern ...
Incoming Travelers CEO Schnitzer Promises ‘Thoughtful and Deliberate’ Leadership Steps
Incoming Travelers CEO Alan Schnitzer is assuring investors that he will be "thoughtful and very deliberate" about next steps for the property/casualty insurance giant when he takes over on Dec. 1. ...
Willis Re Aims to Fill Catastrophe Model Gaps
Willis Re, the reinsurance division of Willis Group Holdings plc, is aiming to enhance its clients' understanding of catastrophe risk with its own views of both modeled and unmodeled risks, the ...
Travelers Nudges Q3 Net Income Higher, Combined Ratio Lower
The Travelers Cos. nudged net income slightly higher, the combined ratio dipped a healthy amount and net written premiums reached record levels during the 2015 third quarter. Investors were pleased, ...
Lloyd’s CEO Beale, 5 Others in Insurance Named LGBT Role Models
AIG, Zurich Leaders Also Made Annual OUTstanding List Lloyd's of London CEO Inga Beale tops a list of lesbian, gay, bisexual and transgender (LGBT) executive role models compiled by a London-based ...
Reinsurance Executives Weigh In on Alternative Capital
Q: Alternative reinsurance capital.There has been speculation over the past few years that alternative capital providers will move into areas beyond property-catastrophe reinsurance—down from ...
Institutional Investors Drove IAG Pullback from China Strategy: Reuters
When Insurance Australia Group , the country's largest general insurer, announced ambitious plans in June to ramp up its business in mainland China, several institutional investors including Jason ...