Leadership & Strategy
Lots Of Room For Improvement In U.S. P/C Industry ERM Capabilities: PwC
PwC's recent survey into enterprise risk management practices in the U.S. insurance industry showed that many companies are taking active steps to develop their ERM frameworks. However, the survey ...AIG Adopts Clawback Policy, Employee Incentive Plans
American International Group, the insurer whose government bailout was marked by controversy over executive salaries, on Wednesday said its board adopted a clawback policy to recover compensation in ...
Lloyd’s Posts $4.5 Billion Profit for 2012
Lloyd's reported an overall profit of $4.517 billion for 2012, making the $800 million loss in 2011, the costliest year on record for natural catastrophes, a fading memory. Controlled growth in 2012 ...
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 ...