CFO / Financial
Cat Bond Deals Fell Just Short of Record in 2013: Willis Capital Markets Advisory
Tallying up total catastrophe bond issue for 2013, Willis Capital Markets Advisory put the figure at $7.1 billion, just shy of the $7.2 billion record of 2007. Last year saw a record number of 29 ...
Bernanke’s 8-Year Term Highlights: Anger at AIG, Media Mishaps, Relations with Congress
Intellectually, Ben S. Bernanke was prepared to tackle the gravest economic crisis since the 1930s as chairman of the Federal Reserve. A Princeton University economics professor, he was an expert on ...
W.R. Berkley Q4 Profit Declines 21%; Underwriting Improves
W. R. Berkley Corp. reported $130.38 million in net income for the 2013 fourth quarter, a 21 percent decline compared to $165.49 million reported during the prior-year fourth quarter. The net income ...
ACE CEO Greenberg Says Buybacks Won’t Lessen Commitment to Growth
ACE Limited Chief Executive Officer Evan Greenberg, who typically shunned share repurchases as he focused on expansion and buyouts, said the authorization of additional buybacks won't halt his ...
Hiscox, Beazley Join Forces to Offer $50M of D&O Capacity
Lloyd's of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional ...
Executive Ed Program Starts March 30 as The Institutes, Darden School Team Up
The Institutes have partnered with the University of Virginia's Darden School of Business to offer an Executive Education program designed for senior-level managers in the property/casualty insurance ...Analysts Say Travelers Results Signal Pricing Trend; CEO Fishman Not So Sure
The Travelers Cos.' earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And ...
How Past Experience Heightens Perceptions of Disaster Risks
People who have experienced a disaster such as an earthquake, flood, or terrorist attack have a heightened perception of the risks posed by these and, in some cases, unrelated risks, according to a ...