CFO / Financial
CEO Zyskind’s Family Injects $300M into AmTrust
AmTrust Financial Services Inc., a provider of specialty property and casualty insurance including workers compensation, surged in New York trading after members of the chief executive officer's ...
New Business Goes to Auto Insurers With Strong Underwriting Results: J.D. Power Study
Insurers with the strongest new business yield rates also have strong combined ratios in personal auto in the "J.D. Power 2017 U.S. Insurance Shopping Study." We define new business yield rates as ...
Top Five Regional Insurers: Combined Ratio Rankings
National insurers have produced higher returns on equity and lower combined ratios in recent years, according to our analysis of financial results (published in a companion article here). Drilling ...
Financial Analysis: Why Regional Writer ROEs Lag Nationals
A comparison of the returns on equity of national and regional writers of property/casualty insurance produces a result that may not seem terribly intriguing: National writers win, hands down. But ...
Admired Companies Do More Risky M&A, See Stock Prices Pounded
A good reputation can be bad for business, according to new research from the University of Georgia. For highly regarded companies, public esteem comes with benefits such as hiring better talent and ...
Soft Global Reinsurance Pricing in Play Through Year’s End: Fitch
The soft pricing in the global reinsurance market will continue at least for the rest of the year, Fitch Ratings says. Fitch expects premium rates to continue declining as a result of large amounts ...
MetLife ‘Too Big to Fail’ Case on Hold: U.S. Appeals Court
A U.S. appeals court on Friday granted a 60-day pause in the long-running case in which the country's largest life insurer, MetLife Inc., has challenged the federal government's labeling of it as ...
AXIS Capital CFO Henry Retiring; COO Vogt Named Successor
Bermuda-based AXIS Capital Holdings Limited announced last week that Chief Financial Officer Joseph Henry will retire at the end of the year, to be succeeded by Peter Vogt. Vogt, who is currently ...