CEO / Chief Executive
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 ...
Cyber Risk Still Not Insured By Most RMs: Towers Watson Survey
Carriers offering cyber insurance may have seen an increase in demand for their specialty insurance policies over the past year, but more than 60 percent of risk managers surveyed say they still ...Insurance Salesman By Choice: PHLY’s Robert O’Leary
For Robert O'Leary, the new CEO of Philadelphia Insurance Company, the days when he peeled himself out of the driver's seat of an unairconditioned car to sell casualty insurance policies around ...
How Brains Of Effective Leaders Are Wired
Effective leaders' brains may be physically "wired" to lead, offering the promise of more precise identification and training, according to studies of U.S. Army officers published by the American ...
Upcoming Cat Model Change, Capital Markets Pressuring Prop-Cat Rates, Execs Say
As first-quarter earnings reports started trickling in from property/casualty insurers and reinsurers carriers last week, two executives confirmed that property-catastrophe pricing is coming under ...
Back-To-Back Drought Years Statistically Likely, Platinum CEO Says
When Platinum Underwriters Holdings, Ltd. reported a 6.2 percent drop in first-quarter net premiums last week, CEO Michael Price attributed a small part of the drop to an intentional cut in the ...