Risk
AXIS Builds Momentum With Broad Growth
AXIS Capital Holdings gave investors some cause for celebration with its midyear results. The Bermuda specialty insurer and reinsurer reported growth for its 2014 second quarter in nearly every ...
Endurance Gives Up on Bid to Buy Aspen
After three months of trying, Bermuda reinsurance company Endurance Specialty Holdings Ltd. has given up trying to acquire archrival Aspen Insurance Holdings Ltd. The final blow apparently happened ...
U.K. to Start Testing Driverless Cars on Public Roads
Driverless cars will be tested on U.K. roads starting in January, providing an opening for carmakers and technology companies as the government looks for ways to improve safety and lower pollution. ...
McDonald’s Corp. Risks Liability in Employee Complaints, NLRB Rules
McDonald's Corp, not just its franchisees, can be held liable in complaints that the company violated employee rights, an official at the U.S. National Labor Relations Board said in a letter made ...
Investment Income Counters Volatility of Energy Sector Coverage
Specialty insurers covering the energy sector all carry a high-risk profile. Despite that volatility, investment income has helped the group produce positive operating results over the last five ...
The Trouble With Incentive Compensation
Incentive compensation in many organizations has evolved over recent years. What started with the intent to increase the alignment of top management with shareholder interests, later developed into a ...
Primary-Enforced Texting Laws Save Drivers’ Lives: University Research
New research appears to confirm that laws against texting while driving do reduce traffic fatalities if they are primary enforcement laws. Primary texting bans are associated with a 3 percent ...
Rate Slump Has Led to ‘Naive’ Risk Taking: JLT
Jardine Lloyd Thompson Group Plc's Dominic Burke said the worst slump in prices for insurance policies since Sept. 11, 2001 has led some insurers to take on too much risk to win business. Burke, the ...