June 12, 2002
George R. Trumbull has been elected Chairman of the Board and CEO of NYMAGIC and its subsidiary insurance companies, effective June 30. He succeeds Robert W. Bailey who is retiring. Trumbull served as CEO of AMP of AMP, Ltd., the …
June 6, 2002
According to a report from Reuters News Agency, Lloyd’s insurer Goshawk Insurance Holdings Plc has announced that that Chris Fagan, the company’s COO, will become its new CEO, taking over from Andrew Gammell. Goshawk recently raised around $145 million to …
May 29, 2002
Royal & SunAlliance USA, the Charlotte, N.C.-based member of the Royal & Sun Alliance Insurance Group plc, announced that Steve Mulready will replace Terry Broderick, who is retiring, as president and CEO. Mulready will assume his new duties June 30. …
May 23, 2002
In preparation for the retirement of current Chairman and CEO David B. Mathis in April 2003, the Kemper Insurance Companies announced its board of directors has elected William D. Smith CEO, effective Jan. 1, 2003. Mathis will retain the title …
May 21, 2002
Horace Mann Educators Corporation of Springfield, Ill., which specializes in a variety of insurance products for educators and their families, has closed the sale of $150,005,000 aggregate principal amount of 3 percent senior convertible notes due May 14, 2032. The …
May 14, 2002
Zurich Financial Services announced that James Schiro it has been appointed as its new CEO effective May 17. Schiro, a former head of PricewaterhouseCoopers and currently one of Zurich ‘s two Chief Operating Officers, will take over from Rolf Hueppi, …
May 13, 2002
California-based Allianz Insurance Company (AIC), a member of the Allianz Group, appointed Kevin R. Callahan to CEO. In his position as CEO of AIC, Callahan will be responsible for building AIC into an innovative insurance provider for Allianz’s client base …
May 10, 2002
Patricia A. Costante, the President and CEO of New Jersey-base MIIX Group, the troubled medical professional liability insurer, got a well deserved vote of confidence on Thursday when the company’s Board of Directors appointed her as its Chairman. MIIX, which …
May 9, 2002
Erie Indemnity Company announced that Jeffrey A. Ludrof, CPCU, AIC, CIC, LUTCF, has been named the new CEO and the attorney-in-fact for the member companies of the Erie Insurance Group. “The company’s board of directors voted to accept the CEO …
May 8, 2002
American International Group Inc. (AIG) named vice president Nicholas C. Walsh president and chief executive of AIU, the company’s international property-casualty insurance organization unit, according to Dow Jones. Walsh was previously president of American International Underwriters’ U.K./Ireland division and managing …