CFO / Financial
Allied World’s Investment Income, Combined Ratio Spiked Higher in Q1
First, the good news about Allied World's 2016 first quarter: investment income grew by nearly 20 percent. Many other things for Allied World Assurance Company Holdings AG, however, were on a ...
Catastrophe Exposure Grows with Selective Use of Alternative Capital: A.M. Best
Insurers in the London, Europe and Bermuda markets writing catastrophe-exposed business take a different approach to retention of risk at the 1-in-100-year return level in comparison to the ...
White Mountains Closes $2.6B Sale of Reinsurer Sirius to China Minsheng Investment
White Mountains Insurance Group Ltd. completed its $2.6 billion sale of Sirius International Insurance Group to a division of China Minsheng Investment Corp. Ltd., nine months after the deal with ...
Unethical Behavior Tolerated for Workers Who Produce Results
Your coworker wastes time. He mismanages resources. He's been known to engage in activities that you and others consider conflicts of interest. Yet, he seems to "do no wrong" in the eyes of the ...
CFOs Reveal Wackiest Expense Report Submittals; What to Do About Them
If you're a CFO who has been doing a double-take at some of the expense reimbursement requests submitted for your approval, you're not alone. Only 11 percent of executives reported a drop in ...
RIMS 2016: Sea Level Rise Will Be Worse and Come Sooner
Think sea level rise will be moderate and something we can all plan for? Think again. Sea levels could rise by much more than originally anticipated, and much faster, according to new data being ...
Actuaries, Data Scientists at Odds: Novarica
With roughly one-in-three insurance companies expanding or piloting data science units in 2016, they may be facing an unanticipated problem—friction between their actuaries and data scientists, ...
CSAA Insurance Group Names McCaffrey as CFO
California's CSAA Insurance Group, a AAA Insurer, announced the appointment of J. Paul McCaffrey Jr. as the company's new Chief Financial Officer, a 25-year veteran of the industry. McCaffrey comes ...