CFO / Financial
A Conversation with Fermat Capital’s John Seo: The Evolution of Cat Bonds
John Seo, a pioneer in the catastrophe bond space, uses advanced technical models to assess the risk that investors will take on through portfolios of insurance-linked securities. But even simple ...
Judge Quashes Bid By Ex-AIG CEO Greenberg to Dismiss Civil Suit
A New York state judge has rejected a request by Maurice "Hank" Greenberg, the former American International Group Inc chief executive officer, to dismiss a long-running civil lawsuit by the state's ...
Pension Fund Stake in Reinsurance Could Soar to $900B, New JLT Re Exec Flandro Says
JLT Towers Re announced the appointment of David Flandro, a former Guy Carpenter executive, as Global Head of Strategic Advisory on Tuesday—days after he gave a talk on the value of buying ...
CFOs Go Beyond Number Crunching to Strategic Seat
The days are long past for chief financial officers to hide behind the adding machines and spreadsheets in their corporate suites. The broadening role of the CFO into a wider range of company ...
Convicted SocGen Trader Arrested in France; Insists Bosses Knew of Activity
Convicted rogue trader Jerome Kerviel was arrested in southern France late on Sunday to serve a three-year jail sentence in a high-profile case he has depicted as one individual's struggle against ...
Zurich Insurance’s New CFO Makes His Formal Debut, Touting Solid Q1 Results
New Zurich Insurance Group CFO George Quinn is only in his first full month on the job, but he confidently touted a solid 2014 first quarter performance in a pre-filmed video for analysts and the ...
House Republicans Call for Opening Black Box on Systemic Risk Designations
A group of Republican lawmakers demanded documents on Friday from U.S. regulators, voicing concerns that decisions about whether to designate large financial companies as systemically risky are ...
Class Action Threat: Corp. Bylaws Can Make Suing and Losing Investors Pay Legal Costs, Says Delaware Supreme Ct.
Delaware's Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company's legal costs, potentially upending the economics of a booming type ...