CFO / Financial
Trump Administration Lays Out Proposed Overhaul of Bank Rules
The Trump administration laid out its highly anticipated plan for overhauling bank rules, calling on the government to ease, though not eliminate, many of the strictures that were imposed on Wall ...
Post-Audit, AmTrust Names Strategy/M&A Exec Karkowsky as New CFO
AmTrust named one of its executives focused on M&A as its new chief financial officer, capping a busy spring for the specialty property/casualty insurer involving a multi-year audit and efforts ...
AI Will Transform Insurance Industry, Execs Say: Accenture Report
Three-quarters of insurance executives believe that artificial intelligence will transform the overall industry within three years, although a slightly lower percentage foresee significant changes ...
By the Numbers: S&P 500 CEO Pay Raises in 2017
The typical big company CEO raked in $11.5 million last year in salary, stock and other compensation, according to a study by executive data firm Equilar for The Associated Press. That's an 8.5 ...
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 ...