CEO / Chief Executive
U.S. 2-Year Note Sale Lures Insurance Companies
The Treasury sold two-year notes at a lower-than-forecast yield as direct bidders, a group that includes pension funds and insurance companies, bought their biggest share of the auction since April. ...
How Activist Investors Are Taking Executives’ Scalps at Big Companies
Activist investors from Carl Icahn to Daniel Loeb and Bill Ackman are ratcheting up their campaigns, increasingly targeting America's biggest companies and seeking the ouster of chief executive ...
P/C Earnings Soar in Q2; Specialty Insurer Premiums Grow Most: Moody’s
In spite of slowing rate hikes, property/casualty insurers rated by Moody's reported an aggregate 58 percent jump in bottom-line results for second-quarter 2013, with combined ratio improvements and ...
Meadowbrook Says Class Action Without Merit
Acknowledging that class actions are often launched against public companies that experience stock drops, Meadowbrook Insurance Group nonetheless issued a press statement on Thursday to respond to a ...
Brazilian Insurer’s IPO, World’s Largest, Beating All Peers, Still Rallying
BB Seguridade SA, the Brazilian insurer that held the world's largest initial public offering this year, is outperforming every other IPO from an emerging- market financial company this year. The ...
How Companies Can Guard Against Employee Betrayal: Schneier
Ever since Edward Snowden walked out of a National Security Agency facility in May with electronic copies of thousands of classified documents, the finger-pointing has concentrated on government's ...
White Mountains Offers $308 Million for Entire IDB Stake in Clal
White Mountains Insurance Group Ltd. offered to pay 1.1 billion shekels ($308 million) for IDB Development Corp.'s 55 percent interest in Clal Insurance Enterprises Holdings Ltd. The offer will ...
Corporate Risk-Taking Unrelated to Top Exec Pay at Banks
Cutting or regulating the paychecks of top executives won't avert future economic crises and recessions because the source of corporate risk taking and fraud typically emerges from non-executive ...