Claude Bébéar, AXA’s founder and head of its advisory board, and its current CEO, Henri de Castries, were freed yesterday after each posted a 2 million franc ($258,000) bond. The two business leaders remain under investigation, however, in connection with …
Charles D. Troiano, Chairman and CEO of Gerling Global Reinsurance Corporation of America, “will be leaving the company to pursue other interests,” said a company announcement. “For the present, Mr. Thomas Tartaro, president and COO of GGRCA, will be responsible …
AMS Holding Group, a provider of software and information services to the property and casualty industry, announced the promotion of Euan C. Menzies to the position of chief executive officer. Menzies is president and COO of AMS Holding Group, and …
John Amore, president and CEO of Zurich U.S., has a vision not just for his company but for the industry. “I think the industry needs to rebrand itself,” Amore told IJ in an exclusive interview in Zurich’s Dallas regional office. …
GE Frankona Re CEO Bob Dellinger, speaking at the Post Magazine Conference at the London Underwriting Centre, challenged senior insurance leaders to radically change the London market to better meet customer needs and assure its survival. “London needs to take …
The introduction of the Reinsurance Tax Equity Act of 2001 gained praise from Dean R. O’Hare, chairman and CEO of The Chubb Corporation. Following introduction by Reps. Nancy Johnson (R-Conn.) and Richard Neal (D-Mass.), the bill will shut a loophole …
Saul Steinberg resigned on May 1 as chairman of Reliance Group Holdings Inc. and its Philadelphia subsidiary, Reliance Insurance Co. According to the Associated Press, a spokeswoman for the Pennsylvania Department of Insurance confirmed that both Steinberg and an interim …
Last Thursday’s announcement that Michael Bright, the founder and CEO of the U.K.’s Independent Insurance Co., had resigned has ignited speculation in the City of London that the company is ripe for a takeover bid. Bright, who founded Independent in …
Ohio Casualty Corporation, the holding company of the Ohio Casualty Insurance Company, appointed Stanley Pontius to replace its retiring chairman, William Woodall. Pontius, a director of Ohio Casualty for over six years, served as president and chief executive of First …
Bermuda-based Trenwick Group Ltd., an international underwriter in specialist insurance and reinsurance coverage, has named Michael C. Watson to head its London-based subsidiaries, Chartwell Managing Agents Limited and Trenwick International Limited, effective May 1st. Watson, who previously headed the London …
