Executives on the Move
AIG Chooses Lyons as Its Next Chief Financial Officer
American International Group has a new chief financial officer. Mark Lyons, a former Arch Capital executive, is taking on the position along with the title of executive vice president after joining ...
Executives On The Move at Hamilton Re and TigerRisk
Hamilton Re promoted a veteran executive to handle its casualty & specialty operations. broker TigerRisk Partners LLC hired an outside executive to lead one of its key divisions. *** Hamilton Re ...
Allianz Extends Contract of CEO Bäte for an Additional Five Years
Allianz SE extended the contract of CEO Oliver Bäte an additional five years, through September 2024. Bäte has been in charge of Allianz for about four years, and his original contract had been set ...
Executives On The Move at The Hartford, Arch Insurance, Guy Carpenter and American Financial
Arch Insurance made a number of new executive appointments. The Hartford appointed a former Liberty Mutual executive to lead its Small Business Innovation Lab. Guy Carpenter is getting a new ...
U.S. Firms Face High CEO Turnover Due to Poor Succession Planning
About 1 of every 8 chief executive officers at the biggest publicly traded U.S. firms leave within three years. Better succession planning could improve longevity and save shareholders billions of ...
If You Take Risk Aversion Too Far, You and Your Company Won’t Grow
Executives on the rise are generally risk-averse people. That makes it necessary to fight that tendency if you want to rise through the ranks, according to a new writeup at the KelloggInsight blog. ...
Executives On The Move at Liberty Mutual, Hamilton Re and Willis Towers Watson
Liberty Mutual Insurance appointed four executives who will beef up the technology capabilities of its chief information officer. Hamilton Re hired away a Hiscox Re executive to fill a newly created ...
A New Specialty Biz Emerges From Marsh’s Pending $5.6B Acquisition of JLT
Marsh & McLennan Cos. Inc. is forming Marsh-JLT Specialty, a new business within the company that combines the specialty teams of Marsh and the broker Jardine Lloyd Thompson Group plc. Marsh ...