CEO / Chief Executive
General Insurance Blues: AIG Ended 2018 With Another Money-Losing Quarter
American International Group's road to profitability continues to be both slow and challenging. High catastrophe losses in the fourth quarter presented yet another obstacle. The property/casualty ...
Specialty Broker USI Insurance Services Will Snatch Up U.S. Risk Insurance Group
Dallas-based property/casualty program and specialty brokerage firm U.S. Risk Insurance Group (U.S. Risk) announced it has agreed to be acquired by USI Insurance Services (USI). The transaction is ...
MGAs in the Age of InsurTech
Once utilized to amplify the distribution channel or to serve as intermediaries between agents and insurance companies, managing general agencies today have new roles to play. In the "Age of ...
Job Losses Expected as AXA XL Merges European Teams
AXA's $15 billion acquisition of XL Group last fall will lead to further integration, consolidation and job cuts, according to a draft plan the company released on Feb. 12. The M&A deal between ...
Tesla Model 3 Goes Global With Europe, China Expansion
For Tesla Inc. investors, the last year was all about whether the company could make enough cars at a stable rate. This year is going to be all about who would buy those cars. As Tesla gears up to ...
Executives On The Move at Chubb and AXIS Capital Holdings
Chubb promoted from within to fill a newly created position covering continental Europe. A former AIG executive is joining AXIS Capital Holdings Limited as head of Underwriting and Portfolio ...
Berkshire Hathaway Launches New Multiple Coverage Insurance for Small Businesses; Buffett Endorses
Berkshire Hathaway's Insurance Group is launching a new comprehensive insurance product for small businesses that combines multiple coverages, and the conglomerate's legendary chairman has endorsed ...
Wealth Fund Will Press Firms It Invests in to Reveal Climate Data at Annual Meetings
Norway's $1 trillion wealth fund will push the 9,000 firms it invests in to disclose more data on greenhouse gases they emit and how they adapt to climate change during the coming annual general ...