CFO / Financial
People Are Among the Biggest Emerging M&A Risks: Mercer
With global M&A on the upswing in multiple industries, Mercer says it has identified a major risk on the rise: people who work for the companies involved in combining operations. "More than ever, ...
A.M. Best Unveils Drafts of New BCAR, Methodology; Q1 2017 Target for Final
On Thursday, A.M. Best published proposed revisions to its core credit rating methodology and to its U.S. property/casualty capital adequacy ratio, targeting a first-quarter 2017 date for the actual ...
Hannover Re Shoots for Stable Premiums, Shareholder Returns in 2016
German reinsurer Hannover Re will focus on boosting earnings rather than premiums this year and may pay out more special dividends to shareholders, Chief Executive Ulrich Wallin said on Thursday. The ...
Allianz Losing Top Two Investing Execs to Retirement
Allianz SE, Europe's biggest insurer, said its two most senior executives responsible for the company's asset management and investments businesses will leave. Jay Ralph will step down at the end of ...
SCOTUS Rejects AIG Bid to Recoup Foreign Tax Credits
The U.S. Supreme Court on Monday rejected bids by three companies to recoup hundreds of millions of dollars in foreign tax credits denied by the Internal Revenue Service as the tax agency tries to ...
Europe’s Insurers, Pension Funds Bet on Risky Property in Quest for Yield
Traditionally conservative European insurers and pension funds are turning increasingly to risky property bets on everything from new homes in provincial Britain to car parks at Brussels airport, as ...
Graphic Insight from PwC CEO Study: How Insurers Will Attract Talent
While job cuts at a handful of insurance companies shrank the U.S. insurance carrier workforce by about 600 jobs last year, for the most part, property/casualty insurers are looking to increase or ...
Insurer Staff Declines Greater Than Anticipated in 2015
Two-thirds of insurers surveyed say they're planning to hire more in 2016, but whether they will actually go through with those plans remains a question. In fact, 14 percent of insurers decreased ...