CEO / Chief Executive
Liberty Mutual Buying Rest of Quinn Insurance in Ireland
Liberty Mutual Group Inc. said it will buy the 49 percent stake in the former Quinn Insurance Ltd. in Ireland that it doesn't already own from failed lender Irish Bank Resolution Corp. The company ...
Inga Beale: The Backstory of Lloyd’s Incoming CEO
Official biographies of Inga Beale, who became the first woman to lead Lloyd's as CEO on Jan. 1, reveal her prior leadership of a struggling Converium in the 1990s as a milestone of her career. But ...
AmWINS’ DeCarlo Will Be City of Hope’s 2014 Spirit of Life Award Honoree
The City of Hope and the National Insurance Industry Council said M. Steven DeCarlo, CEO of Charlotte, North Carolina-based AmWINS Group Inc., will be honored at the NIIC's 2014 Spirit of Life Award ...
Sompo Japan Expanding Overseas with Acquisition of Canopius for $963M
Sompo Japan Insurance Inc., a unit of Japan's third-largest casualty insurer group by market value, will buy Canopius Group Ltd. of the U.K. for 99.2 billion yen ($963 million) as it expands beyond ...
Zurich Insurance Policy Lowers Banks’ Operational Risk Capital Needs
Zurich Insurance Group AG, Switzerland's biggest insurer, plans to offer banks a way to lower the amount of capital they need to hold for operational risks such as employee misconduct as regulators ...
AmTrust Refutes Negative Report on Accounting, Says Future ‘Never Been Brighter’
AmTrust Financial Services Inc. (AFSI), a New York-headquartered insurer whose stock price fell last week in wake of a negative report from research firm GeoInvesting, is assuring investors its ...
CEOs Hurt Firm Performance By Overstaying Their Welcome: Study
The longer CEOs stay in power, the more likely chief executives are to limit outside sources of market and customer information, ultimately hurting firm performance. A new study suggests that most ...
GEICO Passes Allstate to Become 2d Largest U.S. Auto Insurer: SNL
Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation's second-largest private auto insurer. According to data compiled by SNL, GEICO logged $4.89 billion in ...