CEO / Chief Executive
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 ...
Chubb’s Net Income Ticks Downward; Commercial Insurance Produces Gains
Chubb saw its net income dip slightly in the 2019 first quarter, though commercial and other insurance premiums rose at a healthy clip. The insurance giant's property/casualty combined ratio also ...
Executives On the Move at Gen Re, Hiscox and Willis Towers Watson
Gen Re promoted an executive to head its International Property & Casualty arm. Hiscox named a new head of Claims in the U.S. Willis Towers Watson appointed a new senior director in its Property ...
High-Net-Worth Insurer Vault Expands Into Three New States
High-net-worth insurer Vault has expanded into three new states. First launched in 2017, Vault has now obtained approvals to underwrite in Connecticut, New Jersey and Pennsylvania. This adds to ...
Boeing Sued by Two Families Alleging Negligence in Ethiopa 737 Max Crash
Boeing Co. was sued Monday by two Canadians who lost 10 family members in the March crash of a 737 Max in Ethiopia, adding to the aircraft manufacturer's legal woes stemming from two deadly crashes ...
What—Me? Hire a Coach?
Performance coaching continues to grow in popularity. As businesses and organizations strive for the competitive edge, it makes sense to make sure that the people leading are at the top of their ...