CFO / Financial
P/C Execs Should Look For Best Fit, Not “Right Answers” From Cat Models
Catastrophe models in the property/casualty insurance sector have been under intense and increasing scrutiny for more than a decade. The 9/11 terrorist attacks, coupled with significant losses from ...
Statutory Filings’ Analysis Reveals Adverse Development For Recent Prior Years: Assured Research
Twelve of the top-25 insurance groups reported adverse reserve development for accident-years 2010 and 2011 during calendar-year 2012, according to new research conducted by Assured Research LLC. In ...
Insurer Ratings Unlikely To Change With New Governance, Mgmt. Criteria: S&P
In mid-November last year, Standard & Poor's announced it was updating its criteria for evaluating management and governance for corporate entities and insurers, but the rating agency does not ...
S&P Explains Rating Evaluation Of Insurer Governance, Management Strategy
As insurers seek to compete in the challenging global economy, key strategic decisions are critical to striking a balance between growth, profitability, and risk. A combination of slow global ...A.M. Best Comments On Moody’s UK Downgrade
A.M. Best Europe-Rating Services Ltd. said it "does not anticipate any impact on its ratings of insurers operating in the UK as a direct consequence of the sovereign downgrade." Best was referring to ...U.S. House Republican Focused On Tax Reform
The top U.S. Republican tax legislator on Tuesday renewed a vow to try overhauling the complex federal tax code this year, but he said no actual legislation would be forthcoming soon. Dave Camp, ...IASB, FASB Fail To Agree On Bank Loan Loss Rules; Insurers Press For Time
Investors will have to grapple with two sets of rules for how banks recognize losses on loans after the world's two main accounting regulators failed to agree a common approach. At the height of the ...Investment Strategies: Consider Asset Mix Alternatives
Alternative mixes of investments can prove to be more efficient in risk and return than a simple duration decision. Approaches include income-oriented tactics, credit-based solutions, lowering ...