CEO / Chief Executive
Swiss Re’s Proposed Spinoff of ReAssure Valued at Up to $4.2B
UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on the London Stock Exchange, its largest shareholder Swiss Re said on Thursday. Swiss Re, ...
China’s Fosun Group Continues Corporate Shopping Spree, Debt Be Damned
About three years after China started reining in an overseas acquisition spree by some of its home-grown companies, the binge all but ended. But not for Fosun Group. The 27-year-old conglomerate, ...
Executives On The Move at A.M. Best and Berkshire Hathaway Specialty Insurance
The head of A.M. Best Ratings Services is retiring, and his replacement will come from within the organization. A veteran QBE executive is joining Berkshire Hathaway Specialty Insurance in a ...
Root Insurance, Goodyear Ally to Boost Auto Policyholder Services
Root Insurance sealed a collaboration deal with The Goodyear Tire & Rubber Company that will allow its auto insurance policyholders to access tire purchase and installation services. "We are ...
Protective Insurance Brings on Ex-AIG Exec Johnson as CEO; Q2 Earnings Call Set for Aug. 7
Former AIG executive Jeremy Johnson recently became the new CEO of Protective Insurance Corp, an insurer focused on commercial auto insurance and workers compensation coverage. Johnson took on the ...
Santander to Replace Allianz With Aegon, Mapfre in Spanish Insurance Joint Venture
Banco Santander SA agreed to pay 937 million euros ($1.1 billion) to buy Allianz SE out of an insurance joint venture in Spain, more than halving the value of the German insurer's assets under ...
After $17B in Acquisitions, Tokio Marine Promises More to Come
Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan's largest ...
Anti-Hacking Company Claims It Took Over a Tesla Model 3’s GPS
An autonomous systems defense company contends it has successfully spoofed the GPS mechanism of a Tesla Model 3 using the automaker's latest Autopilot technology, sending the vehicle off its intended ...