Insurers Face Tougher EU Scrutiny on Pay

Insurers from Prudential Plc to Axa SA face tougher European Union oversight of compensation as the bloc seeks to crack down on awards that could spur irresponsible risk taking. Draft European ...

Chu Takes Over as CEO of Pacific Specialty

Pacific Specialty Insurance Company has elected John Chu as president and chief executive officer, the company announced Friday. Chu continues to serve as chairman of the Menlo Park, Calif.-based ...

Top U.S. CEOs See Compensation Increases Shrink

Big U.S. companies appear to have handed out smaller increases in compensation to their chief executives in 2013 than in 2012, mainly as a result of reduced grants of stock options, according to an ...

Damage Control Underway at Allianz’s PIMCO

In mid-February, a group of current and former PIMCO employees were invited to a private farewell party for Mohamed El-Erian on March 10, to mark his impending departure as chief executive of the ...