Leadership & Strategy
Swaps Repair Sought as Governments Trash Insurance: Euro Credit
The credit derivatives market is undergoing its biggest overhaul in a decade with proposals to make sure that bondholders can be compensated for losses imposed as part of bank rescues. Flaws revealed ...
AIG to Form Agency Distribution Channel with People’s Insurance Co. of China
American International Group Inc., People's Insurance Company of China (PICC) and PICC Life Insurance Co. Limited (PICC Life) said that they have entered into a joint venture agreement to form an ...
Indian Refiners Decline Iran Insurance Offer
Iran has offered insurance to Indian refiners in a bid to boost its crude sales, industry sources said, though some oil executives warned the plan would not remove the threat of western sanctions. ...
Supreme Court Lets Stand Ruling on Disabled Employee’s Right to Job
The U.S. Supreme Court turned away an appeal by United Airlines that sought to limit a federal law that requires employers to accommodate disabled workers. The justices today left intact a federal ...
Are Traditional Insurers Ready For P2P Car-Sharing Challenges, Opportunities?
The emerging trend in sharing personal assets—sometimes referred to as "collaborative consumption" or "the sharing economy"—presents challenges and opportunities to property/casualty insurance ...
Senior Management Exits Concern Boards
Seventy-three percent of board members of public and private companies across various industries said that the unexpected resignation of senior executive team members would have a negative impact on ...
Boards Unhappy With CEO Mentoring, Board Engagement Skills
Members of boards of directors across various industries give poor grades to CEOs for mentoring skills and board engagement, but rank financial performance above both—and above everything ...
Small Company Managers Better at Protecting Against Overpriced Stock Offers: Study
A new study from the University of Iowa suggests that managers of small firms better protect their shareholders' stock value by fending off potential acquisitions by larger firms with overpriced ...