Leadership & Strategy
W.R. Berkley Founder Will Pass CEO Slot to Son On Oct. 31, But Stay as Chairman
William R. Berkley is stepping down as CEO of W.R. Berkley Corp. on Oct. 31, putting into action in a long-discussed succession plan for his son, W. Robert Berkley, Jr. to replace him in the ...
W.R. Berkley’s CEO: M&A Trend Mostly Driven by ‘Management Ego’
W.R. Berkley Corp.'s outspoken chairman and CEO slammed the surge of M&A activity hitting the property/casualty industry in recent months as something driven more by "management ego" than true ...
AIG Hires New Chief Investment Officer and Buys His Firm
American International Group hired on a veteran of JPMorgan Chase and Zurich Capital Markets as its new chief investment officer. Douglas Dachille's full title will actually be executive vice ...
Zurich Insurance Confirms Possible Bid For Rival RSA
Cash-rich Zurich Insurance is weighing a bid for British rival RSA Insurance Group which could top $8 billion and be the latest industry tie-up amid toughening regulations. The impending launch of ...Hartford’s Profit Beats Estimates, Share Buyback Grows
Hartford Financial Services Group Inc., the insurer that sold life units to focus on property/casualty coverage, increased its share buyback by $1.6 billion and raised the dividend 17 percent as ...
ACE Unveils Post-Chubb Merger North American Management Team
ACE may have announced plans to acquire Chubb for $28 billion only a few weeks ago, but it has already designated a post-merger leadership team for the North American Insurance operations of the ...
PartnerRe, M&A Focused, Suffers Large Investment Losses in Q2
PartnerRe has enough on its plate juggling a proposed merger with AXIS Capital Holdings Ltd. and an unsolicited bid from the Italian investment firm EXOR SpA. Now there is a sizable second-quarter ...
Language Seen as Critical Leadership Skill for Global CEOs
Facing thousands of Deutsche Bank AG investors, many of them mutinous, Anshu Jain knew a lot was riding on his speech at the annual meeting of Germany's largest bank. "On this day, every word ...