CEO / Chief Executive
The Hartford’s P/C Profits Deteriorate in Q1
Hartford Financial Services Group Inc., the insurer that sold life units to focus on property-casualty coverage, said first-quarter profit fell 5.7 percent as results deteriorated at P&C units. ...
Large International Insurers Challenged by Increasing Regulatory Burden
There is an increased focus globally on international insurance regulation driven by efforts within the G20 major economies to strengthen the international regulatory regime since the financial ...
Chubb’s CIO: ‘Innovation is a Muscle’ That Must Be Trained
For those of you who missed it, Carrier Management interviewed Chubb Chief Innovation Officer Jon Bidwell during an April 22 Twitter chat focusing on Bidwell's thoughts on innovation and how to spark ...
Catastrophe Losses Dented Chubb’s Q1 Net Income
Severe U.S. winter weather left Chubb Corp. with higher catastrophe expenses in its 2015 first quarter, a major factor that dampened net income. But CEO John Finnegan framed the overall results as ...
Swiss Re Exec Reports: There’s a Perfect Storm Brewing
There's an irony in the term "perfect storm" that insurers understand better than anyone. Not only do we help policyholders recover from them, but we may be in for one of our own. Like shifting winds ...
ACE CEO Warns Insurers May be Taking on Too Much Risk Again
Ace Ltd. Chief Executive Officer Evan Greenberg said there are signs the insurance industry is entering another era of taking on too much risk as competition pressures companies to lower prices to ...
How to Develop a Robust Risk Appetite Statement
In a recent Own Risk and Solvency Assessment webinar conducted by FTI Consulting, more than 50 percent of attendees stated they had not adequately defined risk appetite as part of their ORSA ...
Travelers Expands Share Repurchase as Q1 Net income Drops
The Travelers Companies reported a big drop in net income during the 2015 first quarter, and its combined ratio nudged slightly higher. Executives attributed the results, in part, to a drop in net ...