CFO / Financial
Swiss Re Exec Reports: There’s a Perfect Storm Brewing
There's an irony in the term "perfect storm" that insurers understand better than anyone. Not only do we help policyholders recover from them, but we may be in for one of our own. Like shifting winds ...
What Carriers Want From Core Systems Transformations
Insurance carriers are making an unprecedented investment in transforming their policy, billing and claims systems and processes. This is a unique period where the convergence of aging legacy ...
P/C Insurer Mergers: Reaching the Tipping Point
The growing number of reinsurance mergers is understandable considering that the flood of alternative capital has upended the industry's economics. If companies don't lower their cost of capital and ...
How to Develop a Robust Risk Appetite Statement
In a recent Own Risk and Solvency Assessment webinar conducted by FTI Consulting, more than 50 percent of attendees stated they had not adequately defined risk appetite as part of their ORSA ...
The Evolution of the CIO: More Opportunities Ahead
The theory of evolution is a funny thing. It's widely accepted as scientific fact and the way of things, yet it can't be proven or disproven emphatically. Much the same might be said of the position ...
As P/C Companies Turn to Predictive Analytics, Some Underwriters are Wary
If you're wondering how important predictive analytics is becoming to property/casualty insurance companies, consider this: 56 percent of industry respondents in a new survey said they plan to start ...
U.K. Insurance CEO Agrees to Incentive Pay Cut After ISS Complaint
Aviva Plc's Chief Executive Officer Mark Wilson and the chief financial officer lowered their long-term bonuses after Institutional Shareholder Services Inc. was said to have raised concerns over ...