CEO / Chief Executive
Argo Appoints Interim CEO Rehnberg as Its Full-Time Leader; New Board Chair Named
Argo Group International Holdings has appointed interim CEO Kevin Rehnberg to the job officially, capping what has been a tumultuous year for the Bermuda-based specialty insurer and reinsurer. ...
Sanofi to Work with U.S. Agency on Coronavirus Vaccine
French drugmaker Sanofi is working with a U.S. government agency to develop a vaccine against the new coronavirus from China, saying it could have a candidate ready for clinical trials within a year. ...
Generali, Great Eastern Reportedly Interested in AXA-Affin Malaysia Biz
Singapore's Great Eastern Holdings Ltd. and Assicurazioni Generali SpA are among potential bidders for the life and general insurance businesses in Malaysia that AXA SA and Affin Bank Bhd. own, ...
Most Insurers Plan to Add Employees or Maintain Current Staffing: Jacobson/Aon Study
Most insurance companies plan to either maintain current staffing or add new employees over the next 12 months, The Jacobson Group and Aon plc have found. At the same time, their new Semi-Annual U.S. ...
AIG CEO Duperreault on P/C Insurance Turnaround: ‘This Inflection Point Was Critical to Achieve’
In a world of giant public companies with a global reach, $12 million may not seem like much. For American International Group, it's a very big deal. In the 2019 fourth quarter, AIG reported $12 ...
Kenyan Startup Sells Insurance Starting at $1 a Month
A Kenyan startup that offers insurance from as little as $1 a month is betting the market for small policies will eventually make money, even if the metrics are pointing in the other direction. "To ...
AIG’s Q4 Profit Exceeds Estimates; P/C Underwriting Rebound Continues
Insurer American International Group Inc on Thursday reported a quarterly profit that beat estimates, as the company booked an underwriting income in its general insurance business. AIG, one of the ...
Argo Warns of $114M Underwriting Loss, Extra Costs From Watson’s Departure
Argo Group International Holdings Ltd. is warning that its 2019 fourth quarter will feature some "unacceptable" results, particularly a $114 million underwriting loss. Separately, there are also ...