CEO / Chief Executive
MGAs Next to Feel Capital Markets Impact: AmWINS’ DeCarlo
Now that traditional reinsurers are adjusting to the idea that third-party capital providers have moved into their space, managing general agents may be next to feel the negative impact of new ...
ACE’s Greenberg: Chubb Acquisition is ‘Unique Opportunity’ That’s Hard to Replicate
Executives from ACE Ltd. and Chubb are "moving quickly" and amicably to figure out the details of their $28 billion acquisition and expect their shareholders to vote on the proposal in the fall, CEO ...
ACE’s Greenberg: Chubb Merger Talks Worked Well With Alcohol
ACE Ltd. Chief Executive Officer Evan Greenberg, who agreed this month to buy Chubb Corp., said integration talks went well with management at the target company, at least after drinks were served. A ...
ACE, Focused on Buying Chubb, Basks In Q2 Profit Hike
ACE Limited, the insurer that agreed this month to acquire Chubb Corp., said second-quarter profit rose 21 percent as policy sales climbed. Net income increased to $942 million, or $2.86 a share, ...
PartnerRe Sets Conditions to Meet With Unsolicited Bidder EXOR
PartnerRe said it is ready to meet with EXOR SpA about its revamped upstart bid for the reinsurer, but it once again wants more. "The PartnerRe Board has determined that the latest EXOR proposal ...
Catlin’s Merger Driver: ‘A Duty of Care’
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2015 The unexpected combination of XL Group and Catlin came after two years of trust-building communication between the leaders of the ...
Travelers Q2 Produces Income Gains and Investment Declines
The Travelers Companies enjoyed soaring net income during its 2015 second quarter, thanks, in part to lower catastrophe losses and share repurchases. But net written premiums stayed flat, and ...
Travelers CEO Fishman Briefly Had His Eyes on Chubb
Travelers Chairman and CEO Jay Fishman disclosed that the property/casualty insurance giant briefly considered a possible merger deal with Chubb. The idea was discarded, he said, after the ...