CFO / Financial
A.M. Best Puts Carriers, Reinsurers on Review in Conjunction with BCRM Update
Insurance rating agency A.M. Best announced the publication of the updated Best's Credit Rating Methodology (BCRM) on Friday, and also announced the names of several insurance and reinsurance groups ...
S&P No Longer Expects Global Re Rate Drops at Jan. 1
A trio of third-quarter hurricanes and continued catastrophe losses impacting insurers and reinsurers will have a greater impact on reinsurers—and may potentially fuel reinsurance rate hikes at the ...
‘Class of ’96’ IPO Analysis: Only 100 of 800 ‘Survived’ the Decade
Twenty years after the largest number of initial public offerings in one year took place, a new study from The University of Alabama's Culverhouse College of Commerce and Business Administration ...
Insurance Industry Acquirers Underperformed in 2016: Willis Towers Watson
Research from Willis Towers Watson announced earlier this month revealed that insurers doing acquisitions in 2016 underperformed peers that stayed away from M&A. WTW used a performance measure ...
S&P Changes Lloyd’s Outlook to Negative; Cat Loss Tallies Continue
While affirming the A+ financial strength rating of the Society of Lloyd's, S&P Global Ratings announced said Thursday that it revised the rating outlook to negative from stable in the wake of ...
How Middle Managers Coerce Employees to Deceive: University Research
Several recent corporate and governmental scandals unfortunately have revolved around middle managers and employees who have attempted to meet lofty performance goals that superiors impose by ...
AIG Freed From Tighter Scrutiny Due to Business Changes: Fed Chair Yellen
Federal Reserve Chair Janet Yellen said freeing American International Group Inc. from the tight scrutiny tied to its too-big-to-fail label is an example of the process working properly -- proving ...
S&P Revises Berkshire Insurance Subs’ Outlook to Negative
While affirming the "AA+" financial strength and long-term counterparty credit ratings on Berkshire Hathaway operating insurance subsidiaries, S&P Global Ratings said Monday that it revised the ...