CFO / Financial
Reinsurance Demand Spike Likely with Solvency II: Fitch Ratings
Solvency II will increase insurers' demand for reinsurance products as they seek to strengthen their capital positions via risk transfer, according to a report published by Fitch Ratings. Reinsurance ...
Executive Suicides Shock Business Community in Switzerland
An unusual number of suicides by top executives in Switzerland has prompted introspection in its business community over how senior managers are dealing with stress as its companies struggle to ...
A British EU Exit Could Kill 34,000 London Jobs, IUA Warns
A British exit from the European Union would cause grave damage to the London market and the loss of thousands of jobs, according to a position paper from the International Underwriting Association ...
CFOs Need to Look at Their Companies ‘Holistically’: Hamilton Group’s CFO Reiss
A successful chief financial officer needs to be collegial, cooperative, highly visible and a strategic thinker who has the ability to view corporate risks holistically, according to Jonathan Reiss, ...
AIG to Appeal California Ruling Allowing PIMCO Suit to Proceed
American International Group Inc. failed to persuade a judge to throw out a lawsuit by Pacific Investment Management Co. over investments that were wiped out because of the insurer's exposure to ...
Reinsurance Rates Still Falling—But Less at June 1: JLT Re
Property-catastrophe reinsurance rate declines are continuing to taper off from the double-digit average drops that were recorded two years ago, JLT Re reported in a report yesterday. JLT Re's ...
Former QBE NA CFO Dziadzio to Be New Assurant Financial Leader; Pagano CRO
Assurant, Inc. announced the appointment of Richard S. Dziadzio to the role of chief financial officer and treasurer, effective July 18, 2016. Dziadzio joins Assurant from QBE North America where he ...
U.S., EU Talks on Covered Agreement Continuing
Trade representatives for the United States and the European Union, who met May 24 and 25 to negotiate a bilateral covered agreement on regulations for insurers and reinsurers, on Friday issued a ...