CFO / Financial
State Auto’s Q2 Results Include Improved Income and Combined Ratio
State Auto Financial Corp.'s latest financial results appear to be a step in the right direction. The Columbus, Ohio-based super regional insurer reported 2017 second quarter net income of $8.7 ...
AIG Follows Travelers, Chubb in Scaling Back Wall Street Guidance
Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned ...
AXIS Strategy Helps Produce Improved Q2 Combined Ratio
AXIS Capital Holdings Ltd. has plenty to crow about in its 2017 second quarter results. While its net income and net premiums written dipped, the Bermuda-based insurer and reinsurer saw substantial ...
Navigating the Fourth Industrial Revolution With Insurance-Managed Services
Through the ages, industrial revolutions have been the harbingers of great change not just for one industry but very often for the entire civilized world. When you consider Samuel Slater's invention ...
New U.S. Regulator Defends Possible Federal Regulation of Fintech
The new head of a U.S. banking regulatory agency on Wednesday defended his predecessor's efforts to explore granting special federal charters to startup online lenders. The Office of the Comptroller ...
Social Inflation Is Back, Fueled by Lawyer Advertising and Other Factors: Assured Research Analysis
By the spring of this year, the financial press was filled with articles documenting the pause in numerical and medical inflation. But few outside the insurance industry are discussing—or maybe ...
Pension Funds Seek SEC Regs Expanding Human Capital Management Disclosures
A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and ...
AmTrust Signs $400M Reinsurance Agreement With Premia Re
AmTrust Financial Services inked a reinsurance agreement with Premia Reinsurance Ltd. The cover addresses loss reserve development up to $400 million over the company's stated reserves of $6.59 ...