CEO / Chief Executive
Japan’s Mitsui Sumitomo Insurance to Snatch Up Amlin for $5.3B
MS&AD Insurance Group Holdings Inc. agreed to buy Lloyd's of London insurer Amlin plc for about 3.47 billion pounds ($5.3 billion), joining an overseas deal spree by Japanese peers. Amlin shares ...
S&P Upgrades SCOR to AA-
Standard & Poor's upgraded its insurer financial strength rating on SCOR SE to AA- from A+, the rating agency announced Friday, citing the reinsurer's strong competition position as a factor ...
Tier 1 Reinsurers More Resilient than Smaller Firms in Current Market: Fitch
Major tier 1 reinsurers stand to benefit most from a changing reinsurance market and mounting competitive pressures, while small monoline companies will be the hardest hit, according to a reinsurance ...
Report: Zurich Pulling Together $8.4B Financing For RSA Bid
Zurich Insurance Group AG has arranged 5.5 billion pounds ($8.4 billion) in financing for the takeover of smaller rival RSA Insurance Group Plc, according to people with knowledge of the plan, ...
Actuaries, Analytics Pros in Hottest P/C Insurance Talent Markets: Labor Study
In spite of fading carrier optimism about revenue growth and increasing activity on the M&A front, unemployment in the insurance industry remains near an all-time low. For carriers, that means ...
Watch This Video: ‘Executive Presence’ Explained
What is executive presence? Some say that true leaders have it—a collection of qualities that prove someone should be in charge. The video to the right gives you some idea of how to measure it. In ...
AIG Freezing Employee Pension Plans in Cost-Cutting Move
American International Group Inc., the insurer seeking to cut costs under Chief Executive Officer Peter Hancock, said it will halt employees' existing pension program in the U.S. and instead focus on ...
RLI Long-Time President Stone Set to Retire At Year-End
Michael Stone, long-time president and chief operating officer of RLI Corp., is retiring at the end of 2015, capping a 20-year stint at the Illinois-based specialty insurer. RLI said that Stone will ...