CEO / Chief Executive
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 ...
New China Trust Pulls Bid for AIG’s Plane Leasing Firm Over Regulator: Report
New China Trust, which led a Chinese investor group in a $4.2 billion bid for American International Group Inc.'s aircraft-leasing unit, pulled out of the deal on concern its ties with a Chinese ...
Cat Bonds Rally With Hurricane Season Advancing
Gains on catastrophe bonds are poised to exceed returns on speculative-grade company debt by the most since 2008 as the Atlantic hurricane season heads into its fourth month. Notes designed to ...QBE Profit Plunges 37%; CEO Neal Targets Costs
QBE Insurance Group Ltd., Australia's largest insurer by market value, fell the most in nine months in Sydney trading after reporting a 37 percent drop in first-half net income. QBE shares were 8.3 ...
Lloyd’s Insurers Face More Bond Losses on Fed Reserve Tapering
Insurers in the Lloyd's of London market, sideswiped by the Federal Reserve's plan to scale back debt purchases, may face more losses as rising Treasury yields erode the value of their short-term ...
Former Willis CEO Plumeri Joins Buyout Firm KKR as Senior Advisor
KKR & Co., the buyout firm run by Henry Kravis and George Roberts, hired former insurance executive Joseph Plumeri as a senior adviser to help find new deals and to work with portfolio companies. ...