Content from L.S. Howard
Declined D&O Claims Have Global Relevance: Marsh
When a directors and officers (D&O) claim is declined, it can be catastrophic for an insured, forcing the company to deal with "the financial costs of a claim or loss entirely on its own," ...
Reinsurance Demand Spike Likely with Solvency II: Fitch Ratings
Solvency II will increase insurers' demand for reinsurance products as they seek to strengthen their capital positions via risk transfer, according to a report published by Fitch Ratings. Reinsurance ...
CFOs Need to Look at Their Companies ‘Holistically’: Hamilton Group’s CFO Reiss
A successful chief financial officer needs to be collegial, cooperative, highly visible and a strategic thinker who has the ability to view corporate risks holistically, according to Jonathan Reiss, ...
People Are Key to a CFO’s Success: Regan, Group CFO at QBE
When discussing his career as a chief financial officer, Patrick Regan, group chief financial officer for QBE, emphasizes the importance of people and the team the CFO builds. "You're only as ...
The Real Story Behind Bermuda Insurers’ Premium Jump
At first glance, Bermudian re/insurance companies appeared to start the year with a bang, reporting a 21 percent increase in consolidated gross premiums written (GPW), according to a new report ...
Few UK Financial Firms Tackling Cyber Risks in Cohesive Way: Report
Firms across the financial and related professional services industry need to take urgent action on their cyber risks, which present a "real and present danger" to the financial system, according to ...
Insurers Can Endure Best by Being Global and Diversified: S&P
Global, diversified insurers are best positioned to withstand the industry's top economic and competitive challenges, according to a report published by Standard & Poor's Global Ratings. ...
Insurers Will Both Suffer and Endure in Wake of Alberta Wildfires: Ratings Reports
While the wildfires raging through northern Alberta and the city of Fort McMurray could bring one of the largest catastrophe losses in Canadian history, property insurers are resilient, according to ...