CFO / Financial
Iran, Minus Sanctions, Could Be Huge Boon For Insurers/Reinsurers: A.M. Best
The potential lifting of trade sanctions on Iran could present a huge opportunity for insurers and reinsurers in the months and years ahead, A.M. Best concluded in a new briefing. Right now, the ...
Validus’ PaCRe Gets A.M. Best Negative Outlook, Withdraws From Rating Process
PaCRe Ltd. must deal with a negative outlook from A.M. Best, which has also withdrawn its ratings of the fledging, Bermuda-based reinsurer. The ratings statement does include some good news. A.M. ...
Wells Fargo Explores Possible Sale of Crop-Insurance Unit
Wells Fargo & Co. is considering options for its crop-insurance business that may include a sale amid a flurry of acquisitions in the industry. The lender is looking into "strategic options," ...
RSA’s Turnaround Shows Why Zurich Insurance May Want to Buy It
RSA Insurance Group Plc, the subject of a potential takeover bid by Zurich Insurance Group AG, reported a jump in first-half profit that beat analyst estimates and restored the interim dividend. ...
For Allianz, PIMCO Problems Overshadowed by Double-Digit Profit Growth
Allianz SE, Europe's biggest insurer, said second-quarter profit rose 15 percent as lower claims from natural catastrophes offset a drop in earnings at Pacific Investment Management Co. Net income ...
Objects In Mirror May Be Closer Than They Appear
I have a CD player in my relatively new luxury sports sedan. It plays five—or maybe six—CDs so I can be surrounded by music I choose and like all through even a reasonably long journey. Or maybe ...
Confident, Motivated Women in Insurance Need Male Mentors: Research
Two recently released studies of insurance industry leadership reveal some positive trends on gender diversity measures. But executive teams still have few women, researchers say, concluding that the ...
Critical Considerations for Integrating Underwriting and Policy Administration Systems
As advanced technology and predictive modeling continue to shape the evolution of insurance operations, two systems remain at the heart of most commercial and specialty insurance ...