CEO / Chief Executive
Understanding S&P’s New Insurance Rating Criteria: Rodney Clark Q&A
Late last month—in advance of the May 7, 2013 publication of a new rating methodology for insurers by Standard & Poor's—S&P Managing Director Rodney Clark gave Carrier Management a ...
As in Greenberg Case, New York May Drop Claims Against BofA Over Merrill
Last month, New York Attorney General Eric Schneiderman withdrew claims for up to $6 billion in damages against former AIG chief Hank Greenberg. Now, another big case - against Bank of America over ...
When Money Talks, Employees Walk to Trim Health Insurance Costs
It was a controversial move when a health insurer began requiring people who were obese to literally pay the price of not doing anything about their weight – but it worked, a new study finds. When ...
No Tweets for Buffett’s Second-in-Command Munger
So they are not completely in sync after all. A day after Berkshire Hathaway Inc. Chairman Warren Buffett set up his own account on Twitter, his second-in-command, Charlie Munger, said he has no ...
S&P’s New Insurance Criteria Released; Method Would Have Spotted AIG’s Past Problems
Incorporating lessons learned from historical periods for industry stress, including the near-failure of American International Group, Standard & Poor's published a revised rating methodology for ...
Claims Down, Premiums Up for Reinsurers
Low damage claims and rising premiums helped to shield earnings at German reinsurers Munich Re and Hannover Re in the first quarter, as the sector battles to shore up profits amid record low interest ...
Many Bosses ‘Cook the Books’ to Meet Tough Goals: Fraud Survey
Hard-pressed company bosses across much of the world are under so much pressure to deliver on growth that many have resorted to cooking the books, Ernst & Young says in its latest fraud survey ...
Lessons of Reinhart-Rogoff: Lawrence Summers
The economics commentariat and no small part of the political debate in recent weeks has been consumed with the controversy surrounding the work of my Harvard colleagues (and friends) Carmen Reinhart ...