CEO / Chief Executive
Global Re, Excess WC Discipline Lagging: ACE’s Greenberg, WRB’s Rob Berkley
There are now clear signs that the low interest rate environment is forcing underwriting discipline in the casualty market, carrier executives said during earnings calls last week, but one glaring ...
Validus’ Noonan Slams Berkshire Sidecar, Says Cat Model Won’t Jolt US Re Prices
London market participants are competitive but disciplined, Validus Holdings' CEO said on Friday. But one pocket of "excessive competition" is coming from Berkshire Hathaway's Lloyd's sidecar—a ...GE Shareholders Reject Proposal To Split Chair, CEO Roles
General Electric Co. shareholders rejected a proposal on Wednesday to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt. The proposal from the American Federation of ...
Directors, Officers Face Increased Scrutiny: Willis/Allen & Overy Survey
The threat of regulatory investigations, criminal penalties, and anti-corruption legislation, are among the top concerns for directors and officers, according to a new survey conducted by Willis ...
Dewey Ex-Chairman Agrees To Proposed Settlement To Resolve Claims
The former chairman of Dewey & LeBoeuf has agreed to pay more than half a million dollars in a proposed settlement with Dewey's trustee and insurer to resolve claims that bad management led to ...
Firms Still Reluctant To Make Acquisitions: E&Y Executives Survey
Companies around the world are still reluctant to go on the acquisition trail even though they are becoming more confident about the global economy, a survey found Monday. In its half-yearly ...Trustee Sues Ex-MF Global CEO Corzine; Insurance Cover Uncertain
Jon Corzine was sued by the bankruptcy trustee liquidating MF Global Holdings Ltd, who accused the former chief executive of negligently pursuing a high-risk business strategy that culminated in the ...
News Corp., Shareholders Agree To Phone Hacking Deal; Insurers To Pay $139M
News Corp. will receive $139 million worth of insurance proceeds in a rare cash settlement that resolves a lawsuit by shareholders alleging the board failed to investigate the company's phone hacking ...