CEO / Chief Executive
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 ...
Make Sure That Classic Car Isn’t a Fake
In the 1930s, British sports-car maker MG made exactly 33 of the K3 open-top race car. If you want to buy one now, there are more than 100 to choose from. No, the defunct carmaker didn't restart ...
Lloyd’s Appoints Inga Beale as CEO
The Council of Lloyd's announced that Inga Beale has been appointed to the position of chief executive to succeed Richard Ward, effective Jan. 1, 2014. Beale comes to Lloyd's with three decades of ...AIG Selling Aircraft Leasing Firm for $5 Billion
American International Group Inc. agreed to sell the world's second-largest aircraft lessor to AerCap Holdings NV for $5 billion after a group of Chinese bidders missed deadlines to purchase the ...
RSA Insurance Ireland CEO Lee Resigns After Another Lower Profit Warning
RSA Insurance Group Plc Chief Executive Officer Simon Lee quit after warning for the third time in six weeks that profit will be lower as the insurer injected more capital into Ireland amid an ...