CEO / Chief Executive
Bill Gross Sues PIMCO, Allianz For ‘Hundreds of Millions’ Over Ouster
Bill Gross sued Pacific Investment Management Co. and parent Allianz SE for "hundreds of millions of dollars," claiming he was wrongfully pushed out as the bond giant's chief investment officer by a ...
How to Embed a Culture of Innovation
It may have a reputation for conservatism, but the insurance industry is no stranger to innovation. If we look back through history, we see that insurance has driven innovation in crime prevention, ...
AXIS CEO: Layoffs, Australia Retail Change Part of Ongoing Revamp
AXIS Capital Holdings is cutting 100 jobs and winding down its retail insurance business in Australia, two months after cancellation of its planned merger with PartnerRe. The Bermuda-based specialty ...
Shareholder Return Metric in Exec Pay Plan Won’t Boost Results: Research
An analysis of S&P 500 company data over a decade reveals that embedding total shareholder return (TSR) as a performance metric into executive compensation plans may not be the blanket solution ...
How Great Leaders Build Community
Building community within an organization encompasses many activities, but here are three basic practices of great leaders. They develop strong personal relationships. This means spending time with ...
Zurich Names New Head of Global Corporate in North America
Zurich appointed one of its veteran executives to a major leadership role in its North American operations. Paul Horgan is now CEO of the property/casualty insurer and reinsurer's Global Corporate in ...
ACE/Chubb Merger Plan Clears Federal Antitrust Regulatory Hurdle
ACE's planned $28 billion acquisition of Chubb cleared a major milestone necessary to meet a hoped-for completion of the deal in the 2016 first quarter. Specifically, the U.S. Federal Trade ...
Lloyd’s Chairman Nelson Faults Businesses for Too Much Focus on Profit
Lloyd's of London Chairman John Nelson criticized the business community, saying companies are too focused on profit and are at risk of eroding the trust of the public and regulators. Nelson, ...