CEO / Chief Executive
AIG Q3 Net Income Experiences Large Drop; Catastrophe Losses Soar
American International Group saw its 2020 third quarter net income plunge by more than half compared to a year ago, a result that was shaped partly by higher natural catastrophe losses. Net income ...
Q3 Global Commercial Insurance Pricing Rockets 20 Percent Higher: Marsh
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh ...
China Halts Ant Group’s $37B IPO Listing
China suspended Ant Group's $37 billion listing on Tuesday, thwarting the world's largest stock market debut with just days to go in a dramatic blow to the financial technology firm founded by ...
Create a ‘Safe Space’ to Communicate About D&I
If they want to make any real progress on diversity and inclusion, organizations need to "create a safe space" for people to have difficult conversations and find a way to demonstrate allyship. ...
CNA Turns a Q3 Profit; P/C Combined Ratio Surpasses 100
CNA Financial Corp. doubled its 2020 Q3 net income, thanks in part to higher investment returns and rate hikes in the P/C insurance division that increased more than 12 percent on average. Net ...
Remote CEO: How One Leader Took the Reins During a Pandemic
When Scott Gunter contemplated making a move from being president of a commercial insurance division of Chubb to become chief executive officer of AXA XL, he felt the timing couldn't be better. AXA ...
Why Is Personal Accountability So Challenging?
We can easily meet our boss's deadlines. We can get to the airport with time to spare before our flight. We can submit the team report a day before it is due. And yet, many of us let the goals and ...
AIG’s Decision to Separate L&R Biz Risks Possible Ratings Downgrades
American International Group's plan to downsize by divesting its Life & Retirement business is drawing cautious and wary reactions from rating agencies that follow the property/casualty insurance ...