Leadership
AIG’s Hancock Discusses Labor Moves to Philippines, Texas
American International Group Inc., the largest commercial insurer in the U.S. and Canada, is shifting workers to locations including the Philippines and Texas to reduce costs. "We're talking several ...
Here’s One Theory About What Drives CEO Pay
Pay for globe-trotting CEOs has soared to new heights, even as most workers remain grounded by paychecks that are barely budging. While pay for the typical CEO of a company in the Standard & ...
Lloyd’s Finance/Operations Exec Slot To Be Split in 2
Luke Savage is leaving Lloyd's of London to become the new CFO at Standard Life. Previously, Savage had been Lloyd's Director of Finance and Operations for 10 years. He will be stepping down from ...
CFOs Go Beyond Number Crunching to Strategic Seat
The days are long past for chief financial officers to hide behind the adding machines and spreadsheets in their corporate suites. The broadening role of the CFO into a wider range of company ...
Former VP Gore Backs Insurance Execs’ Commitment to Climate Risk at Geneva Assoc. Assembly
Former U.S. Vice President Al Gore recognized the insurance industry's key role in helping the world to tackle climate-related risks during a speech at The Geneva Association's annual General ...
Schmidt Joins Argo as Group CUO
Argo Group International Holdings Ltd., an international underwriter of specialty insurance and reinsurance products, has appointed Axel Schmidt as group chief underwriting officer. He will succeed ...
Nomura: Progressive May Struggle To Keep Older Customers
Gone are the days when Progressive Corp., the nation's fourth-largest U.S. auto insurer, could grow through innovation alone. Future expansion will come at the expense of its rivals by going after ...
XL Group Exec: Be Mindful of 5 Interconnected Global Risks
In order to succeed, the global insurance industry must be mindful of five interconnected risks that keep the underwriting climate more volatile these days than not, XL Group Chief Enterprise Risk ...