Leadership & Strategy
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 ...
Bankers Personally Liable for Sanctions Violations: U.S. Treasury
The U.S. Treasury Department plans to hold bankers personally responsible and subject them to fines when their banks help countries such as Iran evade economic sanctions. The shift is in line with ...
17 P/C Insolvencies, Only One Cat-Driven In 2012: A.M. Best
Only one of 17 property/casualty insurance carriers that became financially impaired in 2012 suffered its impairment as a result of catastrophe losses, according to a recent study by A.M. Best. ...