CEO / Chief Executive
Strategies for Coping With a Tsunami of Regulations
Once upon a time, insurance regulation for U.S. companies was pretty straightforward. But then came 2008. Things changed. The influencers if not the direct regulators of U.S. insurance companies have ...
Customer, Expert Partnerships Advancing AIG Safety Agenda: Hancock
While the world is far safer these days—in part thanks to property/casualty insurers—carriers can continue the trend by creatively collaborating with clients and outside experts, American ...
Endurance Acquiring Montpelier for $1.8B
Endurance Specialty Holdings Ltd. and Montpelier Re Holdings Ltd. announced a merger deal today, which will have Endurance acquiring Montpelier in a stock-cash deal for roughly $1.8 billion. ...
Why Top Female Execs Earn Less Than Men: Incentive Pay Gaps
Even top female workers can't catch a break when it comes to pay inequality. Researchers at the Federal Reserve Bank of New York are out with a new paper on gender differences in compensation for ...
A Boardroom Guide to NAIC’s ORSA
The National Association of Insurance Commissioners voted to implement an addition to U.S. insurance regulation known as the Own Risk and Solvency Assessment Model Act back in 2011, but it is this ...
Ex-Fireman’s Fund CEO LaRocco Named State Auto’s New Leader
An ex-Fireman's Fund CEO will become the new leader of State Auto Financial Corp., replacing the company's long-time leader as he readies for retirement. Michael LaRocco assumes the president and CEO ...
Lloyd’s 2014 Profit Steady at $4.9B; Combined Ratio Below 90
On Thursday, Lloyd's announced a pretax profit of $4.9 billion, or £3.2 billion, with a return on capital of 14.7 percent and a combined ratio of 88.1. The profit figure was level with the 2013 ...
Exec Pay Stock Options Boosting Top CEO Pay by Billions: Reuters Large U.S. Co. Analysis
Chief executive officers at large U.S. companies collectively realized at least $6 billion more in compensation than initially estimated in annual disclosures in the five years after the financial ...