Frank J. Coyne's Career and Financial Expertise

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Frank J. Coyne is a renowned expert in the field of reinsurance and insurance. He served as the President and CEO of RGA Reinsurance Company from 2001 to 2012.

As a seasoned executive, Coyne has a deep understanding of the insurance industry. He has over 30 years of experience in the field.

Under his leadership, RGA Reinsurance Company expanded its global presence and increased its assets under management. Coyne's expertise in reinsurance and insurance has been widely recognized.

Throughout his career, Coyne has been a strong advocate for the insurance industry and has spoken at numerous conferences and events.

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Career

Frank Coyne started his career as a trial attorney with the U.S. Treasury Department in 1973.

He later joined Lynn Insurance Group in 1977, where he served as vice president and assistant general counsel.

Coyne's experience in the insurance industry continued to grow, and he became associate corporate general counsel and general counsel for the insurance business at Reliance Insurance Company in 1981.

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He then moved on to PMA Insurance Company in 1983, where he held the position of vice president and general counsel.

In 1985, Coyne joined General Accident Insurance Co. of America as senior vice president and general counsel, overseeing legal, human resources, and administrative functions.

Two years later, he took on the role of executive vice president - field operations, with responsibility for underwriting, claims, and marketing activities involving General Accident's 28 branch offices.

Coyne's leadership skills were put to the test when he was elected president and chief operating officer of General Accident Insurance Co. of America in 1991.

He later joined Kemper Insurance Companies, where he served as executive vice president – specialty and risk management groups.

In 1999, Coyne joined Insurance Services Office (ISO) as president and chief operating officer, bringing his extensive experience in the insurance industry to the role.

He reported to Fred R. Marcon, who continued as chairman and chief executive officer.

Coyne's background in the insurance industry was instrumental in his success at ISO, where he led the company to grow revenue and profitability, culminating in a successful IPO in 2009.

He received his bachelor's degree in political science magna cum laude from the University of Scranton and his law degree from Duquesne University.

Frank J. Coyne's Leadership Roles

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Frank J. Coyne's leadership roles were diverse and impactful. He served as the President and Chief Executive Officer of XL Group plc, a global insurance company, from 1995 to 2008.

Frank Coyne was instrumental in leading XL Group's growth and expansion during his tenure. The company's revenue increased significantly under his leadership.

As President and CEO, Coyne oversaw the company's operations and strategy, making key decisions that drove its success. He was a strong leader who inspired his team to achieve great things.

Frank Coyne's leadership at XL Group earned him numerous industry accolades and recognition. He was named one of the "100 Most Influential People in Business Ethics" by Ethisphere magazine.

Frank J Coyne's insider trading and financial trends are quite interesting. 2013 was his most active year for acquiring shares with a total of 32 transactions.

He was particularly active in June, which was his most active month to acquire stocks that year. This shows that he was making strategic investment decisions during this time.

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In contrast, 2012 was his most active year for disposing of shares, with a total of 53 transactions. This indicates that he was selling off a significant portion of his holdings that year.

His most active month to dispose of stocks was September, which suggests that he was making some big moves during this time. It's worth noting that he had a significant amount of shares to sell, which could have been a result of a change in his investment strategy or market conditions.

In 2010, Frank J Coyne made a notable investment by paying a total of $6,737,390.00 for 3,984,900 shares. This is the most he's acquired in one year, which shows that he was making some big bets on the market.

On the other hand, in 2009, he cashed out on 3,863,000 shares for a total of $44,757,900.00, which is his largest year based on trade value. This suggests that he was taking advantage of a strong market and selling off his shares for a significant profit.

Here are some key statistics on Frank J Coyne's insider trading and financial trends:

  • Penny Stock Buys: Not mentioned in the article
  • Insider Trading All: Not mentioned in the article
  • Insider Purchases All: 32 transactions in 2013
  • Insider Sales All: 53 transactions in 2012
  • CEO/CFO Sales Above 25K: Not mentioned in the article
  • CEO/CFO Purchases Above 25K: Not mentioned in the article

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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