Emerging Markets
AIG CEO Reportedly Warns Staff Lifetime Employment Is Not Guaranteed
American International Group Inc. Chief Executive Officer Peter Hancock, who is shrinking the company while fighting off an activist investor, told staff that they can't all count on lifetime ...
BHSI Has Asia in Sight With New D&O Liability, Professional Indemnity Policies
Berkshire Hathaway Specialty Insurance, with an eye on expanding in Asia, is marketing new D&O liability and professional indemnity policies to commercial and financial firms. The insurer's ...
Executives On The Move at QBE, PartnerRe, Aspen and Willis
We have promotions and appointments to tell you about at QBE North America, Aspen Insurance Holdings, PartnerRe and Willis Group Holdings: *** QBE North America is bringing on a veteran of Fireman's ...
AIG CEO Rejects Icahn Plan to Split Insurance Giant Into 3
American International Group Inc. Chief Executive Officer Peter Hancock dismissed activist investor Carl Icahn's proposal to split the company into three insurers, saying a separation would limit ...
AIG Loses $231M in Q3; Up to 400 Senior-Level Jobs on Chopping Block
American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to ...
Insurance Journal’s Jergler Wins Folio Award; Carrier Management Recognized
Wells Media Group's Carrier Management and Insurance Journal publications took home honors from this year's Folio Awards that recognize excellence in publishing. The awards, sponsored by the ...
ACE Names Some Chubb Execs to Post-Merger North America Insurance Arm
ACE Ltd., on track to acquire The Chubb Corp. in a $28 billion deal, has named more executives to the post-merger leadership team for its North America Insurance division. The appointments include ...
Swiss Re’s Estimated Tianjin Explosion Claims Hit: $250M
Swiss Re said that the Tianjin explosion in China will leave it with an approximately $250 million claims burden, but news of the claims hit didn't mar an otherwise solid 2015 third quarter. The ...