CEO / Chief Executive
Senate Bill Gives Federal Reserve Leeway on Systemically Important Insurers
A bipartisan group of U.S. senators is introducing legislation that would give the Federal Reserve more flexibility in regulating systemically important insurance companies such as American ...
The Soft Stuff Is Often The Hardest: Change Management Critical In PAS Transformation
Over the past year, we've seen an unprecedented investment by small and midsize carriers in policy administration transformation. Carriers that experience successful PAS implementations will be well ...
ACE CEO Greenberg Cautions on Wall Street Draining Reinsurance Pond
ACE Limited Chief Executive Officer Evan Greenberg said the influx of Wall Street capital into the reinsurance industry is pressuring rates and that he is prepared to cut sales of backstop coverage. ...New York Widens Probe Into Insurers’ Compliance with Iran Sanctions
Zurich Insurance Group AG is among companies being questioned by New York's insurance regulator in a widening investigation into compliance with a law imposing sanctions against Iran, a person ...
ACE CEO Greenberg Looks to Mexico to Grow as Brazil Slows
Evan Greenberg, the chief executive officer of Ace Ltd., said the insurer is looking beyond Latin America's largest economy as he seeks growth in the region. "It's obviously slowed down a lot in ...
W.R. Berkley Rates, Profit Up; CEO Comments on Berkshire Specialty
W.R. Berkley Corp. reported $116 million net income for its 2013 second quarter, up more than 6 percent from $109 million net income posted one year ago. The net income for the first six months of ...Travelers’ Q2 Profit Up Due to Continued Rate Hikes
Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit climbed 85 percent as price increases helped improve margins. Net income increased ...
SEC Readies Rule on Disclosure of CEO-to-Worker Pay Ratios
Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by U.S. securities regulators, according ...