CFO / Financial
Credit Swap Panel’s New Rules Address Conflicts of Interest
A derivatives industry group adopted new rules to mitigate conflicts of interest on a panel of banks and asset managers that determines when traders are paid on debt insurance. The International ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
A Mature Cat Bond Market? 2015 Issuance Dropped 25% Over 2014
The catastrophe bond market may be showing some steady signs of maturity. Bond issuance, measured by new limit, came in at $6 billion in the 2015 fiscal year. That's one of the five most active ...
Most Insurance Execs Eligible for AARP: A.M. Best Survey
According to a survey of representatives of nearly 200 insurers conducted by analysts at rating agency A.M. Best, nearly three-quarters of people on carrier management teams are age 50 or older—a ...
Insurers’ Returns on European Infrastructure Eroded by Bank Competition
The return of banks into the European infrastructure market is denting insurers' ability to enhance their investment returns by funding the roads, bridges and wind farms of tomorrow. European ...
Zurich Ratings Steady Despite Management Changes, Crop Deal
Standard & Poor's Rating Services and A.M. Best separately confirmed their existing ratings of Zurich Insurance Group in recent days, although S&P noted a downward revision in some of the ...
Tasks Done by Agents, Underwriters, CEOs Can Be Automated: McKinsey
Machines can take over a chunk of the activities of nearly every one of 750 occupations studied by researchers from McKinsey Global Institute recently—including chief executive officers and several ...
What It’s Like to Work for Warren Buffett
Only about a dozen chief executives in the insurance industry can answer the question suggested by our headline. For the rest of us who can only imagine it, a recent analysis by two researchers ...