CFO / Financial
Will Big Data, Social Networking Scores Remove Risk-Sharing From Insurance?
When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind. But such ...
Ex-AIG CFO Herzog Named to MetLife Board
MetLife Inc., the largest U.S. life insurer, elected David Herzog, the former chief financial officer of American International Group Inc., to its board of directors. The addition brings the total ...
Reporter’s Notebook: 10 Takeaways From InsureTechConnect
You've probably heard there is tremendous investor interest right now in technology-first insurance startups, or InsurTech firms. The first InsureTech Connect Conference in Las Vegas in early October ...
RLI Q3 Net Income Dips, CEO Remains Bullish Over Long-Term Trends
Specialty insurer RLI Corp. saw its 2016 third quarter net earnings drop versus a year ago due to higher loss expenses, though its combined ratio remains at a respectable level. Net earnings for RLI ...
Floods, Phones Hurt Assurant Profit; Stock Price Plunges
Assurant Inc., the insurer that sells coverage protecting mobile phones and homes, posted the second-biggest decline in the S&P 500 Index after third-quarter profit slumped. The insurer dropped ...
Third Point Re CEO Equates M&A Practice With Failed Marriages
Third Point Reinsurance Ltd., co-founded by hedge-fund manager Dan Loeb, likened the risk of mergers and acquisitions to picking a spouse without being aware of how much can go wrong. "Just like ...
Friends with the Boss? Less Than One-Quarter Say Yes: Survey
Many employees like their bosses but only 23 percent actually consider their bosses to be their friends, according to new research from staffing firm Accountemps. The survey of 1,000 U.S. workers ...
AllianceBernstein Takes $7B Hit as AIG Cuts Asset Manager Ties
AllianceBernstein Holding LP became another victim of the hedge fund rout when American International Group Inc. decided to wind down a six-year relationship with the asset manager. AIG was the "most ...