American International Group’s former chief executive Hank Greenberg agreed to pay $15 million to settle government allegations that he had cooked the books to inflate the insurer’s earnings in the first half of this decade, the Securities and Exchange Commission …
Insurance broker Willis Group Holdings has appointed Roger Bathurst as chief executive officer of its specialist space division, Willis Inspace. Bill Lloyd, previously chairman and CEO of Willis Inspace, will retain the position of chairman and will support Bathurst on …
Troubled insurer American International Group Inc. has chosen former MetLife chief Robert Benmosche as its new CEO, The Wall Street Journal reported, citing people familiar with the matter. The AIG board approved the choice Monday morning, the newspaper said on …
American International Group, Inc. (AIG) confirmed that its board of directors has elected Robert H. Benmosche as president and chief executive officer as previously reported.. Benmosche was also elected a member of the board of directors and will assume his …
AIU Holdings reported the formation by American International Group, Inc. (AIG) of a special purpose vehicle (SPV) into which AIG intends to contribute the equity of AIU Holdings. The company also reported the appointment of Kristian P. Moor as president …
LIG Marine Managers in St. Petersburg reported that Tommy Bridges has joined the company as chief executive officer of LIG Program Managers. Bridges brings 20 years of workers compensation and longshore knowledge and experience in program development for small to …
Louisiana Citizens Property Insurance Corp. CEO John Wortman said the state-backed property insurer will likely seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year’s 7 percent increase. The percentage increases …
Guy Carpenter & Company, LLC announced that it has named Chris McKeown as Chief Executive Officer of Global Analytical and Specialty Practices. He will be responsible for Guy Carpenter’s Instrat® modeling and actuarial group, the company’s Line of Business Specialties …
Louisiana’s state-backed property insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year’s 7 percent increase, the firm’s chief executive said. Louisiana Citizens Property Insurance Corporation CEO …
Lloyd’s of London Chairman Lord Peter Levene addressed a major security conference in Brussels on Thursday. The meeting, held under the aegis of NATO Secretary General, Jaap de Hoop Scheffer, aims to redefine NATO’s Strategic Concept development process. Lloyd’s press …
