CFO / Financial
Opinion: The Reinsurance Market Needs More Distribution, Not Less
It is a well-known axiom that for free markets to exist, access must be unencumbered. The more players there are, the more efficient a market will be. Unfortunately for those of us in the reinsurance ...
U.S. Regulator Wants Auditors to Add Commentary, Not Analysis
Auditors know a lot about what lurks between the extremes of "pass" or "fail" - the only grades they are now permitted to assign to corporate financial statements - and the U.S. board that oversees ...
Investment In the Future
If you ask 10 chief investment officers (CIO) at major insurance companies to explain their investment strategies and concerns, you'll hear silence. That's because in a world of intellectual property ...
EQECAT Releases RQE Version 14
On Monday, EQECAT announced the release of version 14 of its catastrophe risk modeling platform RQE (Risk Quantification & Engineering), with updates to several country/peril models in addition ...
Hedging Systemic Risk in Casualty Reserves with Insurance-Linked Securities
Insurance-linked securities are often used to hedge an insurer's exposure to catastrophic property losses, but the casualty insurance market is just beginning to recognize the potential of ILS ...
Liberty Mutual Improved Underwriting Helps Triple Net Income in Q2
Liberty Mutual Holding Co. Inc. posted $448 million net income for its 2013 second quarter, a 222 percent jump from $139 million net income posted during the same quarter last year. The company ...Downgraded Meadowbrook Delays Filing to Weigh Goodwill Impairment
Meadowbrook Insurance Group Inc., the insurer whose rating was cut by A.M. Best Co. last week, delayed filing a quarterly report to the U.S. Securities and Exchange Commission as the company reviews ...
Swiss Re Reports Better-Than-Expected Profit Despite Flood Losses
Swiss Re shrugged off the cost of floods in Europe to post a better-than-expected second-quarter profit on Thursday and said it could beat its main annual performance target if claims remain stable ...