CFO / Financial
Persistent Low Interest Rates Would Push One-Quarter of EU Insurers Below Solvency Ratios
One in four European insurers may struggle to meet promises to policyholders in a prolonged period of low interest rates, the European Union's insurance watchdog said following a stress test of the ...
CEOs May Join Obamacare Opponents; Roundtable Reacts to Honeywell Suit
Leading U.S. CEOs, angered by the Obama administration's challenge to certain "workplace wellness" programs, are threatening to side with anti-Obamacare forces unless the government backs off, ...
London’s ‘One Re’ Plans Expansion Into 38 African Countries by 2015
One Re Ltd., the first reinsurer approved under Britain's "twin peaks" system of financial regulation, said it's seeking clients across 38 African countries in the next year as growth outpaces ...
Arch Agrees to Take Full Ownership of Gulf Re
Arch Capital Group Ltd. agreed to take complete ownership of Gulf Reinsurance Ltd. after losses on a venture that was backed by oil-producing nations. Arch will also take on liabilities from ...
RenRe’s Deal for Platinum Could Spur More Reinsurance M&A: Fitch
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings could spark more merger and acquisition activity among reinsurers, Fitch Ratings said last week, ...
Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers
Ah, Thanksgiving. A time for family, good meals and joy—unless your team epically fails on national television, stirring your gut into an acidic cauldron of turkey, stuffing, cranberry sauce and ...
Elements of a Properly Structured Business Continuity Plan
Effective business continuity plans are designed to provide a rehearsed road map for the most effective restoration of essential processes and functions after a disruptive event and therefore go hand ...
Why Underwriters Should Require Business Continuity Plans From Insureds
True or False? Companies that identify and develop disaster avoidance, mitigation, response and recovery plans are likely to suffer fewer strategic, financial and operational losses and less adverse ...