CEO / Chief Executive
Plaintiffs’ Lawyers Should Not Read Coverage Into COVID IBNR: Berkley
Like other commercial insurers reporting first-quarter earnings, W.R. Berkley Corporation included a provision for COVID-19 related losses. But that doesn't mean the specialty insurer or the industry ...
The Hanover CEO Roche on Working From Home: Adjust and Adapt
When the pandemic-related lockdowns came into force, John Roche shifted gears like legions of other workers globally and started working from home. Roche, president and CEO of Massachusetts-based The ...
Auto Insurance Customers Shop for Better Deals Even With Pandemic Rate Givebacks
The legions of temporary auto insurance discounts and premium givebacks issued recently to help customers deal with pandemic financial fallout fell short in ensuring customer loyalty, J.D. Power ...
For Travelers, Q1 Catastrophe Losses Make Greater Impact Than Coronavirus Costs
The Travelers Companies felt relatively small effects from the coronavirus pandemic in the 2020 first quarter, with catastrophe losses from tornadoes and other storms taking more of a bite. ...
AXA XL Builds New Leadership Team, Updates Operating Model
AXA XL formed a new leadership team and has outlined proposed changes to the operating model of its Insurance business following a strategic review. "AXA XL is the result of acquisitions and mergers ...
Editor’s Letter: Leading When the World Restarts
There's a section of Carrier Management's May/June 2020 edition focused on new ways to manage risk at a time of accelerating change. The topic was appropriately conceived by our guest editor, David ...
Allianz CEO Baete Warns Coronavirus Will Cause ‘Huge Losses’ for Insurers
Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers' business models and will cause "massive" losses across the industry. The virus has forced closures across ...
Chubb CEO Greenberg Cautions Insurers Would Face Bankruptcy Over Retroactive Coverage Measures
Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses. "The insurance industry is a ...