An American International Group Inc.’s board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche’s frustration with the U.S. government’s involvement in the insurer’s affairs, a source familiar with the matter said Thursday.But the board does …
The New Jersey-based Arch Reinsurance Company announced that Tim Olson has been promoted to the position of President and Chief Executive Officer of Arch Reinsurance Company. He will assume responsibility for the overall management of Arch Reinsurance Company. Arch Re …
The board of directors of California’s State Compensation Insurance Fund (SCIF) appointed Doug Stewart, chief risk officer, as president and CEO on an interim basis, replacing outgoing CEO Janet D. Frank. “The board is very confident that Doug Stewart will …
American International Group Chief Executive Robert Benmosche said on Wednesday he remains “totally committed” to staying at the company, countering an earlier report that he was considering stepping down. In a letter to employees obtained by Reuters, Benmosche said he …
American International Group Inc.’s tough talking chief executive has reportedly threatened to quit, but the giant insurer, which is showing signs of life after its brush with bankruptcy last year, could do fine without him. Robert Benmosche threatened to quit …
Willis Europe BV, a division of Willis Group Holdings Limited, announced the appointment of Niek Post as Chief Executive Officer of its Dutch operations, effective immediately. He is based in Amsterdam and will report to Adam Garrard, CEO, Willis Continental …
Arthur J. Gallagher Risk Management Services (AJGRMS), the retail property/casualty (P/C) brokerage division of Arthur J. Gallagher & Co., Los Angeles, has named Don Tarantino the area chairman of its San Francisco operations. Mr. Tarantino joined AJGRMS in 2006 as …
Chicago-based Unitrin Inc. announced that Richard C. Vie will be stepping down as chairman of the board at the end of 2009 and that Donald G. Southwell, Unitrin’s president and chief executive officer, will assume the position of chairman, effective …
The Swiss-based Glacier Group has announced the appointment of Todd Hart as Chief Executive Officer, with immediate effect. He had been serving as a nonexecutive director on the Group’s board, representing HBK Capital Management, one of Glacier’s founding shareholders. Hart …
CNA Financial Corp.’s third quarter 2009 results included net operating income of $331 million and net income of $263 million along with a combined ratio for property/ casualty operations of 101.0%. Net operating income for the three months ended Sept. …
