Leadership & Strategy
U.K. Financial Services Employees Say Colleagues Overpaid
Most U.K. financial-services employees say some within their companies are paid too much amid negative public sentiment toward the industry, according to a survey by the Chartered Institute of ...
Commercial Insurance Rates Up 5% for 3d Month: MarketScout
The average composite rate for commercial property/casualty insurance in the U.S. was up five percent for May 2013. This marks the third month in a row for a five percent increase, according to ...
Private Equity Ownership Hurts Company Performance: U.K. Study
U.K. companies bought by private- equity firms become less productive than their peers, according to a study by academics at three British universities. Researchers at Warwick Business School, ...Scor to Buy Generali Reinsurance Unit for $750 Million
Scor SE agreed to purchase the U.S. reinsurance unit of Assicurazioni Generali SpA as part of a plan by Italy's biggest insurer to boost capital. Scor, France's largest reinsurer, would pay about 579 ...
Financial Analysts Say Direct Contact with Executives Is Essential
Private phone calls with managers remain an essential source of analysts' earnings forecasts and stock recommendations – even in light of regulations limiting businesses' selective disclosure of ...
AIG, Prudential Named ‘Systemically Important’ by Financial Stability Council
American International Group Inc., Prudential Financial Inc. and a unit of General Electric Co. were identified by U.S. regulators as potential risks to the financial system in a step toward putting ...
American Safety Being Sold; Fairfax Financial, Tower Group Buying Parts
Fairfax Financial Holdings Limited and American Safety Insurance Holdings, Ltd. have entered into a $306 million merger deal, with Fairfax acquiring all of the outstanding shares of American Safety ...
Buffett Lunch Auction Bids Could Set Record
Warren Buffett's charity auction, in which bidders vie for a chance to dine with the billionaire, drew a top offer of more than $100,000 as a former winner predicted the fundraiser would set a fourth ...