CFO / Financial
China Starts Letting Insurers Lend Securities, Possibly Boosting Short Selling
China on Friday authorized its insurers to take part in securities lending, potentially boosting short-selling activities in the country's stock and bond markets. Chinese banks, brokerages and mutual ...
Bias Education Required For Actuaries Issuing Statements of Opinion
The American Academy of Actuaries has revised the qualification standards for actuaries who issue statements of actuarial opinion (SAOs) in the United States, the association announced this week. The ...
Underwriting Management: The Core System You’ve Been Missing
When we say "core systems" in our industry, we are typically referring to the critical software applications that are core to an insurer's business operations, mainly the policy, claims and billing ...
CEO Profiles Changing: More Were CROs, CSOs and CTOs Before
Globally and across industries, companies looking for successors to their chief executives are increasingly looking beyond the traditional CFO and COO titles as they evaluate prior C-suite ...
Better Agency Onboarding, Licensing Key to Digital Transformation
Digital may be the frontline in the battle between traditional insurers and InsurTech disrupters. But back-office technology could win the day. Though client-facing technology creates the consumer ...
Reinsurance Pricing Technology For Hard and Soft Markets
Sean Bourgeois, the chief executive officer of Tremor, often hears people say that his company's reinsurance price optimization technology works best in a soft market, when there's a lot of ...
Why Reinsurance Prices Are Wrong—and How to Fix Them
Each reinsurance renewal season sees brokers feverishly chasing down the best premium prices in the market. Frequently, when the panel of reinsurers offer their submissions for a slice of treaty, the ...
Insurers May Face Climate Stress Tests by 2023: EU Regulator
Insurers could face European climate stress tests as soon as 2023, the head of the EU's insurance regulator said at the Reuters Future of Insurance Europe conference on Thursday. The insurance ...