Insurance CEOs News

CEO Iordanou to Succeed Ingrey as Arch Capital Chairman

The Bermuda-based Arch Capital Group Ltd. announced that Constantine (Dinos) Iordanou, President and CEO, has been appointed to the additional position of Chairman of the Board, effective November 2009. He will succeed Paul B. Ingrey, who will be retiring as …

Glencairn Promotes Cook to CEO

Glencairn, a company within Faber & Dumas, the third-party wholesale insurance broker created by Willis, announced the promotion of Nick Cook to Chief Executive Officer effective immediately. Previously a Director and Senior Partner of Glencairn and head of its Property …

Hemsi to Retire as Flagstone Alliance CEO

Bermuda-based Flagstone Reinsurance Holdings announced that Khader Hemsi, CEO of Flagstone Alliance Insurance & Reinsurance PLC, will retire from the company. Flagstone Alliance is a wholly-owned subsidiary of Flagstone Re. Hemsi commented: “Flagstone is a dynamic group with a lot …

SEC Eyes Changes in Reporting of CEO Pay, Risk Management Practices

The Securities and Exchange Commission is considering changing a formula that critics say often allows public companies to low-ball in regulatory filings just how much top executives are paid. At issue is how companies report in a summary compensation table …

HCC Insurance Holdings Names Molbeck as CEO

John N. Molbeck, Jr. has been appointed chief executive officer of Houston-based HCC Insurance Holdings Inc. He succeeds Frank J. Bramanti, who is retiring as CEO but will remain on the board of directors. In addition to his new position …

Rader Elected American Association of Insurance Services Chairman

Jack M. Rader, executive vice president and COO of Farmers Alliance Companies in McPherson, Kan., was elected chairman of the American Association of Insurance Services (AAIS) at the association’s annual meeting held in Half Moon Bay, Calif. Rader succeeds James …

Argo Names Enoizi as Heritage CEO

Argo Group International Holdings announced that Julian Enoizi has been appointed as CEO of Heritage Managing Agency Ltd., the Lloyd’s business Argo Group acquired in May 2008. Enoizi will join Heritage from CNA Financial where he was president and CEO …

Schwab Named Chairman of MetLife Auto & Home Panel

Colleyville, Texas, resident Sam Schwab, agency principal of The Schwab Agency, has been selected as chairman to MetLife Auto & Home’s National Advisory Panel. MetLife Auto & Home’s National Advisory Panel serves as a communication link between the company’s senior …

Piccolomini Named Marsh Italy CEO; Cordero di Vonzo General Manager

Marsh has appointed Flavio Piccolomini as CEO of Marsh Italy and Emanuele Cordero di Vonzo as General Manager. Piccolomini joins Marsh after 18 years with Willis, where, after holding a number of different positions, he was CEO for Continental Europe. …

AIG Names Winter, Vice Chairman; Hurd, Vice President

American International Group Inc. (AIG) named Matthew E. Winter, 52, AIG senior vice president, president and CEO of American General Life Cos., has been named vice chairman, Transition Planning and Administration, reporting to AIG Chairman and CEO Edward M. Liddy. …