The U.K.’s Royal & Sun Alliance Group issued a brief statement that CEO Bob Mendelsohn had resigned from his position and as a Director of the company effective immediately. The news was not unexpected. Rumors have circulated since the beginning …
Brian Duperreault, CEO of Bermuda’s ACE Ltd., spoke out strongly against U.S. companies that relocate their domicile to the island to avoid taxes, indicating that accepting them could damage Bermuda’s reputation. According to a report from Reuters News Agency, ACE’s …
Lloyd’s issued a bulletin yesterday commenting on the responses to its far-reaching reform proposals, indicating that their final form, which is scheduled to be voted on Sept. 12, will better reflect the consensus of its members. Chairman Sax Riley noted …
ING announced that Diederik Laman Trip will become the new Chairman of the Management Committee Netherlands as of 1 January 2003, succeeding Durk Brands who’s retiring. “Laman Trip has been a Member of the Executive Committee ING Europe since 1 …
Travelers Property & Casualty will have its class B shares included in the Standard & Poor’s 500 Index. Travelers Property Casualty Chairman and CEO Robert Lipp, noted “I am very pleased that the hard work of our 20,000-plus employees throughout …
Massachusetts-based Report Disability Corporation named William Lanzen as CEO. Lanzen will be responsible for leading market developments, supporting all sales and marketing, product management, and services activities. He will also be responsible for developing relationships within the investment community and …
The Governing Board of the California Earthquake Authority announced the hiring of Elaine Bush, chief deputy commissioner of the California Department of Insurance, as the Authority’s new Chief Executive Officer. Bush has served more than 20 years in a variety …
CNA Financial Corporation announced that, effective Aug. 26, James Lewis will become the new president and CEO of CNAProperty & Casualty Operations, CNA’s largest operating business. In his new position, Lewis will be responsible for CNA’s worldwide Property & Casualty …
Myron Du Bain, a former chairman and CEO of San Francisco-based Fireman’s Fund insurance company, passed away July 18 at age 79, according to the San Francisco Chronicle. Du Bain died of cancer at the California-Pacific Medical Center in San …
CNA Financial Corp. has appointed Stephen Lilienthal chief executive, succeeding Bernard L. Hengesbaugh, who remains chairman. The move is effective Aug. 26. Lilienthal has been president and chief executive of the CNA Property & Casualty Operations. He will also be …
