September 1, 2005
The Bermuda-based Everest Re Group, Ltd. announced that the employment agreement of Chairman and CEO Joseph V. Taranto, has been extended to March 31, 2008. Taranto has been in charge at Everest Re since it was formed in 1995, following …
August 25, 2005
Concurrently with its 1st half earnings release (See related article), Swiss Re’s Board of Directors announced that Jacques Aigrain, currently Deputy CEO, has been appointed to succeed John Coomber, who will retire effective December 31 2005. Coomber will stand for …
August 25, 2005
Sky Financial Group Inc. announced the appointment of John S. Gulas as president and CEO of Sky Trust N.A. Additionally, Gulas will be responsible for Sky’s wealth management business, which include Sky Trust, Sky Retirement Services, Sky Investments and private …
August 22, 2005
Lawyers for MassMutual Financial Group argued in Superior Court in Hartford, Conn. last week that documents summarizing internal investigations into the conduct of former chief executive Robert O’Connell cannot be made public because they are part of an antitrust investigation. …
August 17, 2005
John F. McCaffrey, former chairman of Frank B. Hall Consulting Co. and most recently head of market relations at Arthur J. Gallagher & Co, has joined Integro as a managing principal. McCaffrey, whose insurance career spans more than 40 years, …
August 16, 2005
James M. Benson, president and chief executive officer of John Hancock Life Insurance Company in Boston, has elected to retire, Manulife President and Chief Executive Officer Dominic D’Alessandro announced. D’Alessandro also announced that John D. DesPrez III, 48, president and …
August 15, 2005
New York State Insurance Superintendent Howard Mills has named Jody Hall as special deputy superintendent and chief executive officer of the New York Liquidation Bureau. Hall will direct the overall operations of the bureau, which is tasked with the rehabilitation …
August 11, 2005
The U.K.’s largest insurer, Aviva Plc reported strong first half results with worldwide operating profit up 21 percent to 1.318 billion pounds ($2.38 billion), compared to 1.076 billion pounds ($1.94 billion) in the first half of 2004. The record earnings …
August 11, 2005
Federal prosecutors are investigating the conduct that led to the firing of former MassMutual chief executive Robert J. O’Connell, the company disclosed in court documents. The company acknowledged the federal probe as part of a complaint, filed in Hartford Superior …
August 9, 2005
Andrew Torrance, CEO of Allianz Cornhill in the U.K., has explained why companies cannot afford to ignore the effects of climate change. As reported on the Allianz Group Website – www.allianz.com – Torrance stressed that changes in the world’s climate …