CEO / Chief Executive
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, ...
The Hanover Promotes/Adds New Execs to Run International Chaucer Arm
The Hanover Insurance Group promoted or brought in three new executives to help run Chaucer Syndicates Ltd., its international member company that underwrites various business at Lloyd's of London. ...
CEO of Willis Great Britain Calls for More Industry Diversity
Willis Great Britain CEO Nicolas Aubert issued a call to the insurance/reinsurance industry to embrace diversity. Challenging the status-quo, he said the industry needs to employ a truly meritocratic ...
Warren Buffett Reduces Holdings of Munich Re Shares
Berkshire Hathaway Inc. and National Indemnity Company stated their shareholdings in Munich Re have fallen below the threshold of 10 percent of voting rights — and now are at 9.7 percent. In an ...
Why Build Your Own Cat Model?
Insurers are using the new open loss modeling platforms to build their own catastrophe models for three main reasons: clarity, control and cost. Catastrophe models have become extremely important ...