CFO / Financial
Allstate’s Net Income Grew in Q1; A Surprise Dip in Auto Accident Frequency Helped
An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...
Lloyd’s CFO Parry Plans to Depart After 17 Years
Lloyd's of London announced today that Chief Financial Officer John Parry has decided to leave the corporation after 17 years. Parry joined Lloyd's in August 2001. He was appointed chief financial ...
CNA CFO Mense Plans to Retire; Anderson Chosen as Successor
The longtime chief financial officer of CNA Financial Corp. is retiring at the end of the year, the company disclosed. D. Craig Mense, who is also an executive vice president, plans to move on ...
AXIS Sees Early Benefits From 2017 Novae Acquisition
AXIS Capital Holdings saw its first-quarter net income and premium volume jump considerably, year-over-year, gains driven largely from its $611.5 million acquisition of Novae Group plc in late 2017. ...
Why Insurers Need a Real Strategy; 12 Steps to Get There
How do insurance company leaders keep their companies current while facing rapid and fundamental changes in their markets? Think strategy. Accelerating changes include: The digitization of business ...
Multiples Parties Were Interested in XL Besides AXA, Filing Reveals
According to details revealed in a public filing Monday, two parties approached XL Group for potential tie-ups before AXA started to pursue a deal—and seven, in total, were interested before AXA ...
U.S. Public Cos. Dying Quicker; Younger Firms Like ‘Supernovas’ That Shine and Burn Out
At a time when more Americans are living longer, the companies where many people spend their working lives have increasingly shorter lifespans, according to research from Indiana University's Kelley ...
Funny Bosses May Send Unintended Message That Financial Fraud Is OK: Research
You might expect that a boss who cracks jokes is healthy for the workplace, while a boss who blows his or her stack isn't. As it turns out, the opposite might be true—depending on the ...