Former AIG, MetLife Leader Benmosche Dies at 70 February 27, 2015 By Hugh Son and Zachary Tracer Robert Benmosche, the combative former chief executive officer of American International Group Inc. who led the insurer, once the world’s...
Former Hartford CEO McGee Dies at 60 February 16, 2015 By Zachary Tracer Liam McGee, an Irish-born banker and insurance executive who guided Hartford Financial Services Group Inc. through a taxpayer bailout and...
AIG Q4 Profit Drops on Debt Repayments, Reserve Charges February 13, 2015 By Zachary Tracer American International Group Inc., the largest commercial insurer in the U.S. and Canada, said profit declined 67 percent on costs...
AXIS Says Debt-Free Merger With PartnerRe Paves Way for More Deals January 27, 2015 By Zachary Tracer The creation of one of the world’s largest reinsurers in an all-stock merger paves the way for more deals. AXIS...
MetLife Touts Surviving Lehman in Case Against Systemic Risk Tag January 14, 2015 By Jing Cao and Zachary Tracer MetLife Inc. Chief Executive Officer Steve Kandarian, who is suing to reverse a U.S. finding that subjects the insurer to...
MetLife to Sue to Overturn Systemically Risky Designation January 13, 2015 By Andrew Zajac, Ian Katz and Zachary Tracer MetLife Inc. said it will sue in federal court as part of Chief Executive Officer Steve Kandarian’s effort to overturn...
XL’s McGavick: Hedge Funds Grow in Sophistication in Insurance Arena January 9, 2015 By Zachary Tracer Investors such as hedge funds and pensions are becoming more sophisticated as they partner with insurers, XL Group Plc Chief...
MetLife Considers Appeal of Systemic Risk Label December 19, 2014 By Ian Katz and Zachary Tracer MetLife Inc., the biggest U.S. life insurer by assets, was labeled a systemically important financial institution by a council of...
Antitrust Concerns End Verisk Bid for Rival EagleView Technology December 17, 2014 By Zachary Tracer Verisk Analytics Inc. scrapped a planned $650 million takeover of EagleView Technology Corp. after antitrust regulators said the deal would...
MetLife’s Gay Rights Support Draws Criticism of Malaysia Partner November 17, 2014 By Zachary Tracer and Claire Obusan MetLife Inc.’s support for gay rights in the U.S. is drawing criticism to the insurer’s partner in Malaysia. A group...