May 21, 2004
The Hartford stayed true to its mission in 2003, held closely to its core values and emerged a stronger company in a better competitive position, Ramani Ayer, chairman and CEO of The Hartford Financial Services Group, Inc. (NYSE:HIG), said at …
May 13, 2004
Zurich Financial Services Group announced that Gunnar Stokholm, 55, will resign at the end of 2004 and has stepped down effective immediately from his position as Chief Executive Officer of Australia and Other Markets. Stokholm joined Zurich in 1995 as …
May 10, 2004
Willis Group Holdings Limited Chairman and CEO Joe Plumeri outlined the corporation’s progress through 2003 and reflected on first quarter 2004 results at the company’s Annual Meeting of Shareholders, held on May 7, 2004 in New York City. “2003 was …
May 10, 2004
Fireman’s Fund Insurance Company (FFIC), the California-based subsidiary of Germany’s Allianz, announced that Jeff Post, 44, has resigned as CEO and president for personal reasons and will leave the company at his own request. His replacement is Fireman’s Fund Board …
May 10, 2004
Richard “Dick” Marshall has been named effective June 5, 2004 president-CEO of Camelback Captive and Risk Management Services LLC, which specializes in all aspects of risk mechanisms ranging from preparing feasibility studies to captive-risk retention group management. Prior to Camelback, …
May 4, 2004
American International Group, Inc. announced that Dr. Jacob A. Frenkel has been named a Vice-Chairman of AIG, effective immediately. He will also serve as Chairman of AIG’s Global Economic Strategies Group. “Dr. Frenkel joined Merrill Lynch in January 2000. He …
May 3, 2004
XL Capital Ltd. announced that Nicholas J. Metcalf, Chief Executive Officer of the Company’s Lloyd’s operation, XL London Market Ltd., has decided to leave the Company to pursue other business interests. Clive R. Tobin, Chief Executive of Insurance Operations for …
April 30, 2004
Harleysville Group Inc. (NASDAQ:HGIC) in Pennsylvania reported diluted net income of $0.55 per share in the first quarter of 2004. The company had a diluted net loss of $0.11 per share in the first quarter of 2003. Realized investment gains …
April 28, 2004
Mayfield Village, Ohio-based vehicle insurer Progressive Corp. announced today that its board chairman, Peter B. Lewis, has established a pre-arranged trading plan to sell common shares of the company in the open market over a designated period in accordance with …
April 28, 2004
Appleton, Wis.-based mutual SECURA Insurance announced that its board of directors voted John Bykowski its new chairman. Bykowski brings more than 30 years of property/casualty industry experience to SECURA. He has served on National Association of Independent Insurers’ Executive Marketing …