CEO / Chief Executive
Bushey Succeeds Powers As President of Berkley’s Carolina Casualty
W. R. Berkley Corp. has named Gerald B. Bushey as president of its subsidiary, Carolina Casualty Insurance Group. Bushey succeeds Douglas J. Powers, who is retiring. Based in Jacksonville, Florida, ...
QBE Sees $250 Million Net Loss in 2013 on North America Business
QBE Insurance Group Ltd., Australia's largest insurer by market value, forecast an unexpected net loss of about $250 million for 2013 due to write downs at its North American operations. The forecast ...
SEC’s Gallagher Seeks Public Company Disclosure Reforms
A top U.S. securities regulator on Friday called for reforms to streamline the disclosures that public companies are required to file, saying he is concerned that some company filings may not ...
Zurich Insurance Lowers Profit Target, Signals Business Sale
Zurich Insurance Group AG, Switzerland's largest insurer, lowered its profit goal as Chief Executive Officer Martin Senn signaled he's ready to sell some businesses to bolster earnings growth. Zurich ...
Regulators Look to Coax Insurers, Other Investors Back Into Asset-Backed Bond Market
Global regulators are seeking to coax institutional investors, from insurers to pension funds, back into the market for asset-backed bonds to boost non-bank funding for businesses. "The focus of ...
Public Company Audit Board Revives Partner Disclosure Proposal
The U.S. audit watchdog will revive a controversial proposal on Wednesday that would require accounting firms to disclose the names of individual partners who work on company audits. The Public ...
Greece, BlackBerry: ‘Cautious’ Bets for Fairfax Financial’s Watsa
Bets on debt-ravaged Greece or ailing phone maker BlackBerry would make many investors flee, but for Prem Watsa both are part of a "cautious" strategy he employs to manage Fairfax Financial's $23.3 ...
In Cost Cutting Move, Zurich Insurance Lays Off 53 in Middle East
Zurich Insurance Group AG, Switzerland's biggest insurer, fired 53 people across its general insurance operations in the Middle East as part of cost- cutting plans. "Fifty-three people were made ...