Insurance CEOs News

Grange Insurance Names James President, CEO

Grange Insurance, based in Columbus, Ohio, named Robert V. James, 55, as president and CEO effective Jan. 18. Retiring president and CEO Phil Urban will serve in an advisory capacity until Feb. 26 to ensure a seamless transition of responsibilities. …

Georgia Opens Probe of SEUS Insurance CEO Over Accounting

Georgia Insurance Commissioner John Oxendine’s office has begun a criminal investigation into the business practices of M. Clark Fain, III, the former chief executive officer of Southeastern U.S. Insurance, Inc. (SEUS), a workers’ compensation company. The investigation follows an Oct. …

Deep South CEO Disiere to Step Down

David Disiere, CEO of the Dallas-based managing general agency Deep South Insurance Group, plans to leave that position. In 2008, QBE U.S. Agencies, a longtime partner of Deep South and a subsidiary of QBE Insurance Group purchased Deep South from …

Munich Re CEO Slams Copenhagen Failure; Calls for ‘Small Party’ Talks

Munich Re’s CEO Nikolaus von Bomhard issued a statement on the reinsurer’s web site that left no doubt concerning the disappointment he (and the Group) feel following the failure of the UN’s Copenhagen Climate Conference to achieve any major agreement. …

Allianz, ThyssenKrupp CEO’s Warn of New Market Bubbles

The chief executives of Allianz, Europe’s biggest insurer, and ThyssenKrupp, Germany’s biggest steelmaker, have warned of new bubbles that they see developing in global markets. “You know why nothing has changed? There is a lot of cheap money out there. …

Insurance ‘Central to our Climate Security’ Says Lloyd’s CEO

Lloyd’s CEO Richard Ward, speaking at an ancillary meeting of the Copenhagen Conference on Climate Change, stressed that, although “this is a side event to the main negotiations,’ It shouldn’t “disguise the fact that insurance is central to our climate …

Aon Risk Services Names Malik as New CEO for Asia

Aon Risk Services (ARS), the risk management and insurance brokerage business of Aon Corp., announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective February 1, 2010. He will be based in Hong Kong …

Smith Retires as K&K Insurance Group President and CEO

K&K Insurance Group Inc., based in Fort Wayne, Ind., reports that Ross T. Smith, the company’s president and chief executive officer, is retiring after a successful 40-year career in the insurance industry. Smith has been with K&K Insurance for more …

Willis Chairman Plumeri Asserts Risks Have Changed

Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited, the global insurance broker, today called on corporate leaders to recognize and address the risks facing business at the start of a new decade. Plumeri delivered his remarks at Town …

AIG, Ex-CEO Greenberg Settle Disputes

American International Group and former chief executive Maurice “Hank” Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as …