CEO / Chief Executive
P/C Insurers Face Challenges If Terrorism Risk Insurance Is Not Renewed: Fitch
If Congress fails to renew or makes significant changes to the federal government's terrorism risk insurance program, some insurers will be forced to significantly alter their underwriting portfolios ...
Allstate Reports Disaster Costs Down, Investments Up for Q2
Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second quarter profit climbed on investment gains and reduced costs tied to natural disasters. Net income climbed 2.6 ...
Renewable Energy Insurance Market Could Triple By 2020: Report
The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a new report by Bloomberg New Energy Finance sponsored by Swiss ...
AIG Likely to Pursue IPO for ILFC Plane Leasing Unit as China Deal Stalls
American International Group Inc. is increasingly likely to pursue an initial public offering for its plane-leasing business after a deal to sell the unit stalled, according to analysts who follow ...
Insurer Alleghany Buys Stake in Asset Manager Ares, Commits Up to $1B
Alleghany Corp., the insurer that bought Transatlantic Holdings Inc., acquired a stake in Ares Management LLC and agreed to invest as much as $1 billion in the asset manager to diversify its ...
How Topgrading Helped One Commercial Insurer Hire Nearly All ‘A’-Level Managers
Argo Group has nearly doubled its hiring of topnotch, "A"-level managers over the past five years, using a hiring protocol known as Topgrading—a rigorous process designed to eliminate much of the ...
As New York City Comptroller, ‘Sheriff of Wall Street’ Spitzer Would Face Limits
Eliot Spitzer promises that if he gets elected New York City comptroller, he'll reimagine the office, using about $80 billion in pension stock holdings to keep corporations well-managed and socially ...
How To Own Your Risk: AIR Worldwide Explains Touchstone
Released in January 2013, AIR Worldwide's Touchstone modeling platform was five years in the making, according to the catastrophe modeling firm's new chief operating officer. Below, Bill Churney, a ...