CFO / Financial
New York Insurance Banking Cybersecurity Regs to Be Delayed Past Jan. 1
New York's financial regulator will delay an anticipated Jan. 1 deadline for banks and insurers doing business in the state to comply with controversial cybersecurity rules, a person familiar with ...
China Insurance Regulator Tightens License Rules: Sources
China's insurance regulator is making it much tougher for insurers to get new licenses as it seeks to reduce risks resulting from the aggressive business and investment practices of some players, ...
Fairfax Seeking to Raise $1B From Africa Fund IPO
Fairfax Financial Holdings Ltd., the Canadian insurer that announced its largest acquisition last week, is selling shares in an initial public offering for a fund that will make investments in ...
QBE NA, James River Group Appoint New CFOs
QBE North America and James River Group Holdings each announced the appointment of a new chief financial officer on Monday. *** QBE North America, an operating division of global insurer QBE ...
Lloyd’s Urges ‘Underwriting Discipline’ in Wake of 2016 Member Losses
Underwriters at Lloyd's of London lost money in 2016, driving the 90-plus syndicates in the insurance market to be more selective in the risks they take on and forcing Lloyd's to cut its subscription ...
Trump Tax Plan Could Boost Berkshire Hathaway Book Value by $29B
Warren Buffett's Berkshire Hathaway Inc. could get a $29 billion boost to its book value under tax-rate cuts advocated by President-elect Donald Trump, according to Barclays Plc. "We would view this ...
Nonprofit Urges Buffett’s Berkshire to Dump Fossil Fuel Investments
A Nebraska nonprofit on Friday said it will propose that Warren Buffett's Berkshire Hathaway Inc. sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 ...
Why Allstate Is Buying SquareTrade; CEO Wilson Reveals Deal Benefits
Why pay more than $1 billion for a business with revenues in the hundreds of millions of dollars today? Analysts questioned executives of Allstate yesterday about the $1.4 billion deal announced ...