CEO / Chief Executive
XL Group CEO Confirms M&A Talks with Rival Catlin
XL Group plc has confirmed that it is in preliminary discussions focused on potentially acquiring rival Catlin. If an M&A agreement comes together, it would be a major consolidation move in the ...
Spencer Re Hires Zurich Insurance Vet as New Leader
Spencer Re, a reinsurance firm focused on products predictable in nature, has brought on a veteran Zurich Insurance Group executive as its new CEO. Tina Youngblood Mallie, also vice chair of Spencer ...
Watch Out Allstate: Progressive Adds Home Coverage With $875M ARX Buy
Progressive Corp., the fourth-largest U.S. auto insurer, is expanding in home coverage to challenge rivals including Allstate Corp. that are better known for bundling different types of policies. ...
CinFin Eyeing High-Net Worth Market Biz Expansion
Late last week, Cincinnati Financial Corporation announced a five-year plan for its lead property/casualty insurance subsidiary, The Cincinnati Insurance Company, to bring enhanced insurance products ...
Allianz Announces New Leadership for Fireman’s Fund, AGCS NA Combo
German insurance giant Allianz announced a new team that will lead the combined Fireman's Fund and Allianz Global Corporate & Specialty North American business beginning in 2015. Andrew Torrance, ...
Allianz Names Moossmann Fireman’s Fund CEO, Replacing Torrance
Allianz SE named a new chief executive officer for its Fireman's Fund unit as Europe's largest insurer prepares for a possible sale of the business and narrows its focus in the U.S. Art Moossmann, a ...
TRIA Reauthorization Passes House With Higher Government Involvement Threshold
The U.S. House voted Dec. 10 to extend by six years a federal backstop for insurers offering coverage against terrorism, advancing efforts to retain a program created in response to the attacks of ...
Who Can You Trust? Execs Wary of Alternative Capital
Amping up the drumbeat on potential problems with alternative capital providers, reinsurance industry executives aired critical views about their enduring competitors recently with words like ...