CEO / Chief Executive
It Takes a Leap of Faith, Says InsurTech Founder
For Ilya Bodner, founder and chief executive officer of insurance technology company Bold Penguin, building a fast-growing company has been a long time coming. After arriving in Columbus, Ohio, from ...
‘I Worry Much More About Progressive’ Than Tesla, Buffett Says
Berkshire Hathaway Chair Warren Buffett said he isn't worried about recent assertions by Tesla Chief Executive Elon Musk that the electric car maker could offer a more compelling insurance product ...
RLI Corp. CFO Brown to Retire, Other Execs Promoted
RLI Corp. said its chief financial officer is retiring, and the specialty insurer disclosed a number of other executive changes. CFO Thomas Brown, who is also a senior vice president, will retire on ...
Warren Buffett’s Likely Successors Speak Up at Berkshire’s Annual Meeting
Berkshire Hathaway Inc.'s annual shareholder meeting often features questions about the challenges and strategies of whoever succeeds Chief Executive Officer Warren Buffett. This year, investors got ...
Berkshire Hathaway Swings to Profit; GEICO Underwriting Profit Rises
Warren Buffett's Berkshire Hathaway Inc on Saturday said gains in its stock investments fueled a big first-quarter profit, while improved results from its GEICO auto insurer and BNSF railroad units ...
Munich Re Subsidiary Sells Turkish P/C Arm to German Insurer Talanx
The German insurer Talanx has acquired the property/casualty insurer ERGO Sigorta A.S. from a Munich Re subsidiary. Financial details of the transaction where not disclosed. Talanx purchased ERGO ...
Tesla Plans $2B Offering After Elon Musk Overstates Company’s Cash Generation Abilities
Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be ...
Chubb Sees a ‘Rational Market’ With ‘Forward Momentum’: CEO Greenberg
Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a "rational market" and appeared pleased with its direction and tone so far in 2019. "In the first quarter, in ...