CEO / Chief Executive
AIG Settles with Former Exec Before $274M Pay Trial
American International Group Inc. has agreed to settle a $274 million lawsuit by a former executive who said the insurer refused to pay him during the financial crisis in 2008. The settlement came as ...
PLUS Conference: Albright, Cohen on Global Risk, Governance and Hypocrisy
America's European allies are being hypocritical in their complaints about the U.S. spying on them because they all have their own surveillance programs, according to two former top officials in the ...
82% of P/C Insurers Using Predictive Analytics: Earnix/ISO Research
A survey of North American insurance professionals reveals widespread use of predictive analytics in the property/casualty insurance industry, with as many as 82 percent responding that they use ...
‘Neutral-to-Challenging’ Market Ahead: Endurance CEO Charman
Even though Endurance Specialty Holdings will operate in a "neutral-to-challenging" insurance market over the next few years, the refocused organization will be able to compete on "relevance" rather ...
Morgan Stanley Says AIG May Sue Over Mortgage Investments
Morgan Stanley, the sixth-largest U.S. bank by assets, said it may be sued by American International Group Inc. over mortgage-backed securities that the insurer bought before the financial crisis. ...
Carl Icahn Says No Better Time to Be an Activist Investor
Carl Icahn's publicly traded investment vehicle, Icahn Enterprises L.P., reported strong third-quarter results on Monday and the billionaire said now is the best time ever to be an activist investor. ...
PLUS Told World Needs Insurance Industry to be ‘Bold’ and ‘Sexy’ Now
It's time for the insurance industry to be "bold" and "sexy" in creating new insurance products and services to help the world deal with extreme risks that are becoming more common, according to a ...
Bank Of America Wins Dismissal of Shareholder Suit Over AIG Disclosure
Bank of America Corp has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American International Group Inc. In a decision ...