CFO / Financial
Rate Gains Tapering in Commercial Lines: Towers Watson
Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains are slowing down, according to Towers ...
SEC’s Gallagher Seeks Public Company Disclosure Reforms
A top U.S. securities regulator on Friday called for reforms to streamline the disclosures that public companies are required to file, saying he is concerned that some company filings may not ...
House Passes Bill to Curb Patent Lawsuits
The U.S. House passed legislation to rein in some patent lawsuits that technology companies say could reduce the time they spend fighting such suits in court. The vote today was 325-91, with 27 ...
Regulators Look to Coax Insurers, Other Investors Back Into Asset-Backed Bond Market
Global regulators are seeking to coax institutional investors, from insurers to pension funds, back into the market for asset-backed bonds to boost non-bank funding for businesses. "The focus of ...
Public Company Audit Board Revives Partner Disclosure Proposal
The U.S. audit watchdog will revive a controversial proposal on Wednesday that would require accounting firms to disclose the names of individual partners who work on company audits. The Public ...
Hard Market Will Come; Question Is When, Swiss Re Says
In its latest sigma report forecasting profits and premium growth for insurers over the next two years, Swiss Re says the eventuality of a hard market is a given—it's just a matter of when. ...
Fitch Predicts Double-Digit Cuts in January U.S. Cat Re Prices
The quietest U.S. Atlantic hurricane season in decades will lead to a low double-digit fall in related catastrophe reinsurance pricing in the key 2014 renewals, Fitch Ratings says. Noting that the ...
In Cost Cutting Move, Zurich Insurance Lays Off 53 in Middle East
Zurich Insurance Group AG, Switzerland's biggest insurer, fired 53 people across its general insurance operations in the Middle East as part of cost- cutting plans. "Fifty-three people were made ...