CFO / Financial
Britain’s Financial Sector Optimism Plunges in Wake of Brexit Vote
Optimism about the outlook for Britain's financial services sector is at its lowest point since the financial crisis, a survey of finance firms showed on Monday. The latest survey of 115 financial ...
More Insurers Boost Their Cash Holdings as Credit Worries Build: BlackRock
Insurers expect to slow purchases of high-grade corporate debt and hold more cash over the next two years, potentially squeezing already low returns, BlackRock Inc. said. "Cash balances are ticking ...
Take Part in Our P/C Carrier CEO Succession Planning Survey (DEADLINE EXTENDED)
If your company had to select a chief executive officer successor within the next six months, would that person be someone almost exactly like the current CEO? Is your company developing internal ...
P/C Insurers’ Underwriting Losses Worsened in H1: A.M. Best
Catastrophes, lower favorable loss reserve development and challenging market conditions continued to pressure U.S. property/casualty insurers through the first half of the year, leading to an ...
Lloyd’s Chairman to Reinsurers: Target Brokers’ Fees to Cut Costs
Reinsurers, forced to cut prices for four years in a row, should target brokers' fees as the industry seeks to reduce costs, according to Lloyd's of London Chairman John Nelson. The brokers need to ...
“Danger Phase” May Be Next for P/C Industry Loss Reserves
Property/casualty insurers and reinsurers have released redundant liability reserves into their earnings for the past eight years as a result of favorable loss development. This practice has worked ...
SAA Launches Online Database of Investment Manager Performance for Insurers
Late last week, Strategic Asset Alliance, an investment consulting firm that exclusively works with the insurance industry, announced the launch of an online database of the performance, people, ...
Reinsurance Capital Hits High of $585B for First Time: Aon Benfield
Reinsurance capital reached record levels in the first half of 2016, hitting a new high of $585 billion. Aon Benfield's latest Reinsurance Market Outlook report puts that number in perspective, ...