Personal Lines
Insurance Industry M&A Set to Surge: Willis Towers Watson
Insurance industry M&A activity will intensify, rather than dissipate, over the next few years, according to a Willis Towers Watson survey of senior insurance executives. Approximately 82 percent ...
Executives On The Move at XL Catlin, Allied World, RSA and Everest Re
XL Catlin brought in a new claims executive. Allied World hired a former XL Catlin executive to help guide its professional liability business. A pending resignation at RSA spurred several new ...
AIG Keeps DeMaio in Charge of Mortgage Unit as Sale Options Mulled
American International Group Inc.'s Donna DeMaio, who has management duties for several different segments of insurance, was designated to stick with the mortgage-guaranty subsidiary that the company ...
Chubb CEO Evan Greenberg Predicts Little Post-Merger Exec Turnover
Chubb Chairman and CEO Evan Greenberg insisted he believes opportunity and incentives will encourage most executives to stay with the insurer in the wake of its recently completed mega-merger. "I ...
Regulation According to Lloyd’s of London’s Sean McGovern
The start of 2016 brought with it the launch of Solvency II, rules in the European Union that govern how much capital insurers must set aside for operational risk, investment and underwriting. ...
The Zebra, Another Insurance ‘Disruptor,’ Attracts $17M in Funding
The Zebra, an online auto insurance comparison company, said it has closed $17 million in Series A funding with investment from Mark Cuban, Mike Maples Jr. (of Twitter and Lyft), Simon Nixon (of ...
Zurich Snags Generali CEO Greco to Helm Turnaround Attempt
Zurich Insurance Group AG hired Assicurazioni Generali SpA's Mario Greco as chief executive officer, giving him the task of turning around the company, after losses in its general insurance business ...
Some Analysts See Far-Reaching AIG Strategic Plan as Not Going Far Enough
American International Group CEO Peter Hancock's far-reaching strategic plan to divest assets and return $25 billion to shareholders over the next two years generated the equivalent of a shrug during ...