Willis Group Holdings has appointed José Otávio Sampaio as CEO for Willis Brazil, which it described as “one of the biggest growth areas for the global insurance broker.” He will report to Eugenio Paschoal, CEO, Willis Latin America and former …
The buyers of Jessica Lange’s home in Stillwater, Minn. have been revealed. According to the Washington County Assessor’s Office, the buyers are Patrick and Jane Thiele. Patrick Thiele is a former top executive at The St. Paul Cos. The home …
The CEO of U.S. insurer American International Group (AIG), which is looking to shed assets around the globe as part of a $152 billion U.S. government rescue package, said that difficult markets may delay the sale plans, though certain units …
American International Group (AIG) has named Peter Eastwood as president and chief executive officer of leading surplus lines insurer Lexington Insurance Co., a unit of AIG Commercial Insurance. Eastwood assumes management responsibility for Lexington from Kevin H. Kelley, who has …
Specialty insurer Ironshore Inc. has named Kevin Kelley its chief executive officer. Bob Deutsch, the company’s founding CEO, will become Ironshore’s president. Kelley has been the longtime CEO of Lexington Insurance Co., which under his leadership became the largest excess …
In his keynote address to the UK’s Association of Insurance and Risk Managers (AIRMIC) Joe Plumeri, Chairman and CEO of Willis Group Holdings, said that risk managers have never been more important than they are today in helping their companies …
Former American International Group Inc. CEO Maurice “Hank” Greenberg said the insurer could fall apart unless management quickly came up with a unified recovery plan. “You can’t hold (together) an organization that is drifting in the way it is,” he …
Kingsway Financial Services said it has called a special shareholders’ meeting for Feb. 10 to deal with a shareholder’s attempt to replace the company’s chairman and chief executive. Kingsway said it held discussions in late November with investor Joseph Stilwell …
In an interview with Reuters, Munich Re’s Chairman, Nikolaus von Bomhard, expressed his hopes that fatter premiums would make 2009 more of a “normal” year after Munich Re’s likely failure to meet profit targets this year. He said annual premium …
The first Regional CEO Forum for Asia-Pacific held by the International Chamber of Commerce (ICC) in Hong Kong Saturday called for an immediate response to the financial meltdown by unlocking liquidity and getting trade flowing again. ICC Chairman Victor K. …
