Boardroom Agenda
Commentary: Does FSOC Understand the Business of Insurance?
The Financial Stability Oversight Council (FSOC) designated AIG as a Systemically Important Financial Institution (SIFI) after determining that "material financial distress at AIG could pose a threat ...
Four Distribution Steps For Successful Global Growth
Growth opportunities for insurers in developed markets are running out of runway and require increased efforts. Even though there is slow growth in some areas, regions such as China, India and Brazil ...
Why Greed Isn’t Good
Imagine yourself betting on the long- term survival of two types of people. One is the classic egoist, focused and ruthless. The other is more selfless, willing to help fellow humans without any ...
Gender Bias A Consequence Of SOX Financial Expert Rule?
In 2002, the federal government mandated that corporate boards of directors include at least one "audit committee financial expert" to help avert future accounting scandals. But the title and ...
SEC Readies Rule on Disclosure of CEO-to-Worker Pay Ratios
Public companies would be required to disclose how much more their chief executives are paid than rank-and-file workers under a rule to be proposed next month by U.S. securities regulators, according ...
9 Global Insurers to Face Higher Capital Standards, Tougher Supervision
Top insurers will have to hold more capital from 2019 to cover risks they pose to the financial system should they go bust, global regulators said on Thursday. Regulators also released an initial ...
SEC Bans Gupta From Director, Officer Roles; Imposes $13.9M Fine
Former Goldman Sachs Group Inc. director Rajat Gupta was ordered to pay a $13.9 million civil penalty and banned from serving as an officer or director of a public company for having illegally passed ...
Conn. Says Insurers Must Complete Climate Risk Survey
Connecticut Insurance Commissioner Thomas Leonardi has decided that about 110 Connecticut-based insurance companies will be required to complete a survey describing what they are doing to address ...