CEO / Chief Executive
Travelers CEO Fishman, Facing Neuromuscular Condition, Reduces Outside Duties
Travelers Cos. Chief Executive Officer Jay Fishman is reducing his activities that aren't tied to the company after being diagnosed with a neuromuscular condition. "I have already begun to cut back ...
AIG, Aspen and More Link to Access Underserved Developing Markets
A number of insurance stalwarts including American International Group and Zurich Insurance Group plan to launch microinsurance ventures designed to improve risk protection for underserved markets in ...
Why Insurance Leaders Should Pay Attention to Omnichannel
There are more than 70 million Americans between the ages of 18 and 34, according to the U.S. Census Bureau. And while we'd love for 400,000 of them to pursue careers in risk management and ...
It’s Time for U.S. Insurers to Push Ahead on Climate Change: Deloitte
While U.S. property/casualty insurers have been dealing with the effects of weather and climate changes for years, 2015 may be the year they start zeroing in on the idea of attacking global warming ...
QBE Selling U.S. Agency Biz For $300M
QBE Insurance Group Ltd. announced Tuesday that it is selling its U.S. agency businesses to California-based Alliant Services Inc. for about $300 million and exiting the distribution business. The ...
PartnerRe Asia Launching
PartnerRe Ltd. announced last week that Partner Reinsurance Asia Pte. Ltd. ("PartnerRe Asia") a wholly owned subsidiary of PartnerRe Ltd. has been licensed by the Monetary Authority of Singapore ...
Deal Backstory: XL, Catlin Get in Front of M&A Trend Creating $10B Specialty, Re Leader
If you believe consolidation is happening, why wouldn't you want to get out in front and choose your own partner? That's the simple way that Stephen Catlin, founder and CEO of Catlin Group Limited, ...
XL Group Triggers Plan to Grab Catlin for $4.2 Billion
XL Group Plc agreed to purchase Catlin Group Ltd., a Lloyd's of London company, for about 2.8 billion pounds ($4.2 billion) as the property-casualty insurer expands in specialized commercial ...