Michael O’Reilly, executive vice president and Chief Investment Officer of The Chubb Corp., was named to the position of Chief Financial Officer.
O’Reilly succeeds Weston Hicks, who resigned as Chubb CFO, effective Oct. 4, to accept a position as executive vice president of Alleghany Corporation. In his new position, Hicks will have overall supervision of Alleghany’s insurance holdings and investment portfolio.
“Chubb is a first-class company in all respects,” said Hicks, “and I have enjoyed working there. But I wanted to take advantage of this once-in-a-lifetime opportunity to move to a senior leadership position closely related to the world of investing, in which I have spent most of my career.”
O’Reilly joined Chubb’s financial department in 1969. In 1988, he became Chief Investment Officer and in 1997 a member of Chubb’s Policy Team.
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
