Leadership & Strategy
London Still Tops in Top 10 Global Financial Centers
London, New York, Hong Kong and Singapore remain the top four financial centers around the globe. That's according to the latest survey conducted by the Financial Center Futures team at the London ...
Broker Exec Sees Price Shoppers Emerging In Bifurcated Casualty Market
The reasoning that carrier executives advance for increased prices of casualty insurance—starting with low interest rates and ending with the need for underwriting profit—is wearing thin on some ...
Analysis: How Outsourcing to India Is Changing and Why
India's IT outsourcers are promoting "mini CEOs" capable of running businesses on their own, while trimming down on the hordes of entry-level computer coders they normally hire as they try to squeeze ...
Greenberg’s View: ‘White Blackbirds’ Make Corporate Culture Fly
Sixty years ago, a 27-year old U.S. Army officer stormed into the suite of the vice president of a Manhattan insurance company to complain about being snubbed by the firm's personnel director. The ...
Should Firms Tie Bonuses to Competitors’ Performance?
The Federal Reserve is pushing banks to ignore competitors' performance when awarding bonuses, and focus squarely on their own profitability, according to pay consultants and other people familiar ...
CEOs Get Merger Bonus When Selling Firms Cheaply
In about one in every four deals, the CEO of an acquired firm is awarded a merger bonus. Also, target shareholders receive inferior premiums when their firms are sold, while their CEOs received a ...
Pricing Insurance M&A Deals: Disputes Minimized With Deep Dive Due Diligence
Post-acquisition disputes are triggered by a myriad of issues between the buyer and seller, with most revolving around purchase price adjustments. The genesis of purchase price adjustment disputes, ...
P/C Carrier 2012 M&A Deals Nosedive: Conning
Amounting to just $4.7 billion in aggregate deal value, 46 merger and acquisition transactions announced in the property/casualty insurance sector in 2012 were near record low levels, according to ...