Like Father, Like Son: Evan Greenberg Seeks Insurance Empire

USI acquires Texas agency

Evan Greenberg has already built Chubb Ltd. into the second-largest U.S.-listed insurer, with a market value almost double that of American International Group Inc. — the industry powerhouse his father, Maurice “Hank” Greenberg, ran for years. Now he’s looking to get even bigger. Chubb’s proposed $23 billion acquisition of Hartford Financial Services Group Inc., announced… Continue reading Like Father, Like Son: Evan Greenberg Seeks Insurance Empire

AIG’s Zaffino Is Fighting to Turn Around the House that Hank Built

AIG

American International Group Inc.’s Peter Zaffino drew a clear line ahead of his jump to the insurer almost three years ago. “I didn’t want any advice,” Zaffino, AIG’s president, said in a rare sit-down interview. “I needed to see things for myself,” he added. “You just have to get underneath, business review after business review.”… Continue reading AIG’s Zaffino Is Fighting to Turn Around the House that Hank Built