CFO / Financial
CFTC Likely To Charge MF Global Execs Beyond Corzine: Legal Experts
The lawsuit that the U.S. Commodity Futures Trading Commission is considering filing against MF Global chief executive Jon Corzine would require the CFTC also to charge other former MF Global ...
21 P/C Insolvencies In 2012: A.M. Best
Rating agency A.M. Best released its annual tally of U.S. property/casualty industry financial impairments yesterday, counting up 21 for 2012—13 less than the 2011 figure of 34. The 2012 count was ...
Purchase Price Disputes: Structuring Earnouts to Minimize Risks
Earnouts continue to play an important role in helping public and private buyers of private insurance entities and sellers reach agreement on the purchase price for merger or acquisition ...
More Firms Buying Offices in Foreign Countries Rather Than Renting
After decades of renting being the norm, companies with offices in the world's major cities are seeing more financial sense in buying their own buildings, prompted by a mix of cheap debt, stockpiled ...
P/C Insurers Turned Profit On Underwriting In Q1; First Since Q42009
First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers' net income after taxes ...
Is Cloud Computing Critical To Carrier Management?
Cloud computing in insurance is inevitable. There are many projections about the growth of cloud computing services revenue that support this, but the best predictor of the inevitability of cloud is ...
Congressmen Warn Credit Raters Against Repeating History on CDOs
The top executives of Standard & Poor's, Moody's Investors Service and Fitch Ratings were warned by three members of Congress against granting inflated grades to the same type of securities that ...