Industry News
Generali Will Reportedly Name Donnet to Replace Greco as CEO
Assicurazioni Generali SpA is set to propose Italy country manager Philippe Donnet as chief executive officer, replacing Mario Greco, who has joined Zurich Insurance Group AG, according to two people ...
Berkshire Hathaway Specialty Insurance Expands to Europe; Lloyd’s Vet to Help Lead
Berkshire Hathaway Specialty Insurance is expanding into Europe, and two men – veteran executives from Lloyd's and Marsh – will lead the effort. Plans call for BHSI to operate in Europe as part ...
The success of MGAs needs little introduction. For the past several years, the MGA story has been one of growth,...
Arbella Insurance Foundation Relaunches Anti-Distracted Driving Program
Arbella Insurance Foundation is relaunching its anti-distracted driving program, Distractology, updating training scenarios and committing to an additional five years. Introduced in 2010, the ...
U.S. P/C Carrier Employment Begins 2016 in Decline: I.I.I. Report
U.S. P/C carrier employment began January 2016 in decline, according to a new Insurance Information Institute report. Over the last 12 months, job figures average out as essentially flat. Direct P/C ...
Hannover Re Shoots for Stable Premiums, Shareholder Returns in 2016
German reinsurer Hannover Re will focus on boosting earnings rather than premiums this year and may pay out more special dividends to shareholders, Chief Executive Ulrich Wallin said on Thursday. The ...
Allianz Losing Top Two Investing Execs to Retirement
Allianz SE, Europe's biggest insurer, said its two most senior executives responsible for the company's asset management and investments businesses will leave. Jay Ralph will step down at the end of ...
Home Depot Will Pay at Least $19.5M to Settle Data Breach Lawsuit
Home Depot Inc agreed to pay at least $19.5 million to compensate U.S. consumers harmed by a 2014 data breach affecting more than 50 million cardholders. The home improvement retailer will set up a ...
The Hartford CEO Swift to Become Next AIA Chairman
The Hartford Chairman and CEO Christopher Swift is taking on a primary leadership role with one of the property/casualty industry's main lobbying groups. Swift is slated to become chairman of the ...