CFO / Financial
Next Steps for Cybersecurity Model Law
Having faced a lot of "can't be done" reactions to initiatives like increasing competition in the North Dakota's health insurance market and changing a centuries-old life insurance reserving ...
AIG Apartment Mortgage Lending Climbs 20 Percent, Reaching $5.2B
American International Group Inc., the largest commercial insurer in the U.S. and Canada, has been increasing lending for apartments as the company seeks to counter low yields on publicly traded ...
Behind the Battle Over Loss Sensitive Workers Comp Plans: Small Biz vs. Berkshire’s Applied
David Miller is a stickler for safety at the Goodwill stores he runs in central California. So when Applied Underwriters offered his nonprofit a deal on insurance for workplace accidents if he could ...
Double-Digit Drop in Q3 Profit for Insurance Ops at Buffett’s Berkshire
Berkshire Hathaway reported a 10.5 percent drop in operating profit for its insurance and reinsurance operations during the third quarter, with underwriting income falling 34 percent. While General ...
Election Uncertainties Prompt Fairfax’s Watsa to Dump U.S. Treasuries
Fairfax Financial Holdings Ltd., the Canadian holding company run by value investor Prem Watsa, sold almost all of its long-dated U.S. Treasuries amid global uncertainty, including the outcome of the ...
Struggling Greenlight Capital Re Hit With A.M. Best Ratings Downgrades
Greenlight Reinsurance Ltd. has been seeking to improve underwriting results after months of losses. But it apparently hasn't moved fast enough for A.M. Best, which slapped it with credit ratings ...
AIG’s Mixed Results Lead to Stock Drop, Wall Street Skepticism
American International Group Inc.'s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter. Results from international ...
Markel’s Combined Ratio Soars Due Partly to Medical Malpractice Troubles
Markel Corp. saw its net income plunge during the 2016 third quarter and its combined ratio soar by 10 points versus the previous year. The insurer blamed, in part, "unfavorable development" in its ...