CEO / Chief Executive
Geithner Nixes Greenberg Lawyer’s Request for Draft of Book on AIG Bailout
Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he's writing to Maurice "Hank" Greenberg for a lawsuit challenging the ...
What Lured Aon, Noble and Others to Move Headquarters to London
The Swiss town of Baar boasts clean air, easy access to ski slopes and some of Europe's lowest personal taxes. London? Traffic and perpetual drizzle. Yet executives at Noble Corp., a provider of ...
Spending on Ads Beats Spending on Auto Insurance Agents: Researchers
Research published by Nomura Equity Research in mid-October shows that GEICO has overtaken Allstate to become the nation's second-biggest auto insurer, and that agency-writer Progressive is losing ...
Allianz CEO: Expanding Pimco Equity Tougher Than Expected
Michael Diekmann, whose Allianz SE owns Bill Gross's Pacific Investment Management Co., said a plan by the bond-fund manager to expand into equities is proving harder than expected. Pimco's stock ...
Allianz CEO: Capital Rules Fuel Artificial Pricing of Bond Risk
Michael Diekmann, chief executive officer of Allianz SE, Europe's biggest insurer, said capital rules that encourage financial companies to invest in sovereign bonds are thwarting a solution to the ...
Swiss Re Buys Stake in Li’s FWD in $425 Million Asia Push
Swiss Re Ltd., the world's second- biggest reinsurer, will invest as much as $425 million in Richard Li's FWD Group as it pushes for growth in Asia. The company will buy 12.3 percent of FWD from ...
Top-Ranked Carriers Build Agent Satisfaction Into Culture: Consultant
Property/casualty insurance carriers that make their agents happiest—landing themselves repeatedly on top-10 rankings in agent surveys—are those that build the goal of doing so into their ...
P/C Insurers Facing A.M. Best Rating Action If TRIA Not Renewed
Thirty-four property/casualty insurers can add the threat of a negative rating outlook to the list of problems facing their companies at year-end 2013 if the government backstop for terror insurance ...