Insurance CEOs News

Lloyd’s Chairman Sees Industry at a “Crossroads”

“The insurance industry is facing a series of critical choices in the near future,” stated Lloyd’s Chairman Lord Levene, speaking before an audience of 130 insurance professionals at the Conrad Hotel in Hong Kong. Lord Levene cited globalization, technology and …

CNA Surety’s CEO Will Retire Within a Year

CNA Surety Corp. CEO Mark C. Vonnahme will retire from the company within a year, ending his 30-year career with the Chicago-based CNA Finacial Corp. The search process is underway to replace Vonnahme, who in 1997 led the merger with …

Mont. State Fund Board Appoints Hubbard as Interim CEO

Laurence Hubbard has been appointed by Montana State Fund’s (MSF) Board of Directors to serve as the interim CEO. Hubbard has been with Montana State Fund since 1989. Currently he serves as the vice president of insurance operations. The Board …

Acordia’s New CEO to Continue Wells Fargo Integration

Kevin Conboy will become Chicago-based brokerage Acordia Inc.’s new president and CEO March 1. Conboy has been with Acordia, a Wells Fargo & Co. subsidiary, for 17 years and has been chief operating officer since June 2002. He will take …

ING Names Jacques Kemp to Replace Phil Shirriff as Asia-Pacific CEO

The Netherlands ING Groep N.V. announced that it has appointed Jacques Kemp as chief executive for the Asia-Pacific region, succeeding Phil Shirriff who is retiring from the post at the end of March. “Kemp joined the executive committee of ING …

AXA Reappoints Management Board; deCastries Confirmed as Chairman

France’s AXA Group announced that its Supervisory Board had reappointed all five members of the company’s Management Board at a recent meeting, and had reconfirmed Henri deCastries as Board Chairman. Reappointed for a three year term were: Henri deCastries Françoise …

Lloyd’s Chairman Notes U.S. Premium Income Rises to New High of $8.2B

In his inaugural speech as Chairman of Lloyd’s of London, Lord Levene confirmed that the U.S. continues to be Lloyd’s largest single market accounting for approximately 40 percent of its business. He announced Thursday the volume of U.S. premium income …

Dietmar Zietsch Appointed Chairman of SCOR Deutschland Management Board

Dietmar Zietsch, who currently serves as Deputy Chairman of SCOR Deutschland, has been appointed Chairman of the Management Board of SCOR’s German subsidiary effective as of March 1, 2003. Zietsch, 48, holds a Doctorate in Economics, and has more than …

PIFC Elects 2003 Board Chairman and Officers

Dan Dunmoyer, president of the Personal Insurance Federation of California (PIFC), announced that Daniel E. Kinney, California vice president-operations for State Farm Insurance Companies, will continue serving as the organization’s chairman of the Board in 2003. He was elected to …

Schwarz to Take CEO Job at Hallmark

Hallmark Financial Services Inc., based in Dallas, announced that president and chief executive officer Linda H. Sleeper will leave the company effective January 1, 2003. Hallmark’s Board of Directors elected board chairman Mark E. Schwarz to the additional position of …