Leadership & Strategy
Allianz CEO Will Step Down In Wake of PIMCO, Fireman’s Fund Challenges
Allianz SE said Chief Executive Officer Michael Diekmann will step down next year and named board member Oliver Baete to succeed him as it grapples with upheaval at Pacific Investment Management Co. ...
U.S. Regulator Issues Caution Over Bond Market ‘Bubble’
The U.S. bond market may be teetering on the brink of a "liquidity cliff" and appears to be an asset "bubble" that could burst once interest rates start to rise again, a top U.S. securities regulator ...
Tokio Millennium Re Chooses New CEO From Within
Tokio Millennium RE AG has named a new CEO, promoting from within as part of a series of new executive and board appointments. Stephan Ruoff will become chief executive officer of the reinsurance ...Fed Testified it Resisted Giving AIG $85B Bailout Loan
The Federal Reserve Board of Governors didn't want to bail out American International Group Inc. with an $85 billion loan, preferring that the insurer find a savior in the private marketplace, the ...
Aon Benfield Launches New Private Charter Aviation Policy
Aon Benfield has rolled out a new kind of insurance coverage that it suggested could spur business expansion in private charter aviation. Ostensibly, the coverage is designed for SHY Aviation, an ...
Tools to Help Women Execs Break Through a Persistent Glass Ceiling
It may be the 21st century, but women decrease in number among their peers advancing from entry-level slots to executive and board positions. A new report from The Korn/Ferry Institute offers ...
Aon, Marsh & McClennan Fill Executive-Level Slots
Rival insurance brokers Aon plc and Marsh & McClennan Cos. both recently filled major executive-level positions. Over at Aon, Andy Weitz becomes the new senior vice president of global marketing ...
National Weather Service Launches Advance Warning Disaster Model
Neighborhoods about to be hit by tornadoes and pilots heading into turbulence will get more warning from the National Weather Service starting today. At least, that's the promise of a new forecast ...