CEO / Chief Executive
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 ...
Acquirers/Processors: A Critical Point in the Credit Card Payment Chain
In the typical credit card transaction, once a merchant accepts a credit card and enters card information into a payment system, the card data is sent to an acquirer and payment processor for ...
What Might a ‘Cyber Andrew’ Look Like?
Every component of the world's public and private infrastructure is subject to the risk of a cyber attack. Companies today face loss of or damage to digital assets; theft of funds; security and ...
ACE’s Andrade to Run Post-Chubb Merger International Non-Life Business
ACE Ltd., in the final months of concluding its $28.3 billion acquisition of The Chubb Corp., has appointed one of its own to lead the company's combined international non-life insurance operations. ...
Sources: Volkswagen Managed Faked Emissions Test Results From Germany
Volkswagen AG executives in Germany controlled the key aspects of emissions tests whose results the carmaker now admits were faked, according to three people familiar with the company's U.S. ...
Hamilton Insurance CEO Seeks More Acquisitions; IPO is Likely
Hamilton Insurance Group Ltd., the company backed by hedge fund firm Two Sigma, is seeking more takeovers as Chief Executive Officer Brian Duperreault builds a business that he expects to take ...
Watch This Video: Lloyd’s CEO Beale Details Progress on Expansion
Lloyd's of London CEO Inga Beale has plenty to say about expansion these days. During the recent reinsurance Rendez-Vous in Monte Carlo, she spoke, in part, about Lloyd's progress in expanding access ...