CFO / Financial
Berkshire, Ironshore in E&S Top 10; XL Catlin May be Next: SNL Data Analysis
Berkshire Hathaway and Ironshore were among the top 10 writers of U.S. excess and surplus lines business in 2014, according to data compiled by SNL Financial. XL Group and Catlin Group haven't made ...
CNA, Aon, WING Host Women in Insurance Tech Event; SJU Leadership Event Next Week
Last week, CNA, Aon plc and the Women's Insurance Networking Group (WING) collectively sponsored the 2015 Voices Live Chicago Event supporting the growing role of women in insurance technology. The ...
Blackstone Buying Chicago Willis Tower for $1.3B
Blackstone Group LP agreed to buy Chicago's Willis Tower, the second-tallest building in the U.S., with plans to upgrade the retail and observatory space in a bet on growth in the city. The price was ...
Currency Swings Hurting Financials of U.S. Corporates; $19B Cost Estimated
Foreign exchange swings cost North American corporates $18.66 billion in revenue in the fourth quarter, according to a report by currency risk management consulting firm FiREapps. Total negative ...
Shared Capital Impacting Insurance Industry: Berkley
The U.S. economy is evolving in many ways, most significantly when it comes to both the cost of capital and the ownership of capital, and that change in capital ownership is a challenge for the ...
Monetary Incentives Don’t Prompt Whistleblowing; Protections Do
New research from North Carolina State University and Bucknell University finds that strong, reliable anti-retaliation policies can encourage employees to notify internal authorities of possible ...
Special Report: A Closer Look at Berkshire Hathaway’s Insurance Operations
Insurance operations contributed $5.2 billion to total operating income of $16.6 billion for Berkshire Hathaway in 2014—with the underwriting component of $1.7 billion (after taxes) representing ...
Regulatory Vetting Prompts One-in-10 to Decline Financial Leader Jobs in U.K.
More than one in 10 people picked for the top jobs in British finance pull out during a regulatory vetting process which has got tougher since the financial crisis. People put forward for chief ...