CFO / Financial
Hurricane Would Entice—Not Spook—ILS Investors, Says Aon Benfield Exec
Although some reinsurance industry executives believe a major loss would cause catastrophe bond investors to flee from the insurance-linked securities market, an Aon Benfield executive says such an ...
Record Breaking Cat Bond Levels; Good News For Carriers
First-half tallies of 2013 catastrophe bond issues have been coming in from reinsurers and brokers in recent months, with all suggesting that 2013 could be a record year of issuance. Swiss Re, Munich ...
Fairfax Financial to Sell American Safety Reinsurance to Catalina
Fairfax Financial Holdings Ltd. agreed to sell a Bermuda-based reinsurance unit that's being acquired as part of a deal with American Safety Insurance Holdings Inc. to Catalina Holdings Bermuda Ltd. ...
JPMorgan Hit by U.S. Bribery Probe into Chinese Hiring
U.S. authorities have opened an investigation into whether JPMorgan Chase & Co hired the children of powerful Chinese officials to help it win business in China, according to the New York Times. ...
Loeb’s Third Point Reinsurer Advances After $276 Million IPO
Third Point Reinsurance Ltd., which counts billionaire hedge-fund manager Daniel Loeb as a founding shareholder, advanced in its trading debut after raising $276 million in an initial public ...
Hundred-Dollar Stocks Double as CEOs Dismiss Split Decision
Stock splits are losing their allure with American executives amid one of the broadest rallies ever, sending the number of shares trading above $100 to a record and showing the rising dominance of ...
They Charge For That? Surprise Fees On Your Hotel Bill
If anyone is an educated hotel guest, it's Bjorn Hanson, dean of New York University's Preston Robert Tisch Center for Hospitality, Tourism and Sports Management. But even Hanson got confused during ...
Free Work Entices Businesses to Hire Long-Term Unemployed
After conducting almost 10,000 job interviews during 10 years as a human resources manager, Tom Kaminski says he thought he knew enough about the labor market to keep his own bout of unemployment ...