CFO / Financial
Specialty Insurer James River Raises $231M in IPO
James River Group Holdings Ltd., the specialty insurer backed by hedge fund company D.E. Shaw & Co. and Goldman Sachs Group Inc., raised $231 million in an initial public offering, pricing its ...Hartford’s CFO: Update on Talcott Drawdown Coming in Feb. 2015
Hartford Financial Services Group will update shareholders in February 2015 about next steps in the continuing drawdown of its Talcott Resolution division, the company's life runoff annuity ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...
Aspen Replaced its Chief Financial Officer
Aspen Insurance Holdings Ltd. has picked a new chief financial officer, choosing to fill the position from within. The Bermuda-based reinsurer and insurer disclosed on Dec. 5 that Scott Kirk has been ...
Heard at PCI Meeting: Reserve Covers, Capital Relief Deals Are Growing Trend
They may not be the new black, but references to adverse development covers and capital relief solutions and cropped up more than once in conversations with reinsurance market participants during the ...
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 ...