Leadership & Strategy
Mexico Launches $1.2B Fund To Help Homebuilders
Mexico announced a new program aimed at buoying the country's battered homebuilders by promising to put up billions of pesos to back commercial credit to the industry. The 15 billion pesos ($1.2 ...SCOR 2012 Net Income Jumps 27%
Paris-based SCOR reported net income of EUR 418 million ($545 million), representing an increase of 26.7 percent over the 2011 result, which was EUR 330 million ($430 million). The company said that ...American Safety 4Q Damaged By Reserve Charges, Sandy
American Safety Insurance Holdings' fourth-quarter 2012 results suffered more from a reserve charge than Superstorm Sandy losses, but both combined to put red ink on the bottom line. Still, while the ...
Insurer Ratings Unlikely To Change With New Governance, Mgmt. Criteria: S&P
In mid-November last year, Standard & Poor's announced it was updating its criteria for evaluating management and governance for corporate entities and insurers, but the rating agency does not ...
S&P Explains Rating Evaluation Of Insurer Governance, Management Strategy
As insurers seek to compete in the challenging global economy, key strategic decisions are critical to striking a balance between growth, profitability, and risk. A combination of slow global ...Top Outside Shareholder Demands Dell Open Its Books
Dell Inc.'s largest outside shareholder is demanding the PC maker open its books, signaling that it could become more active in opposing founder Michael Dell's proposal to take the company private. ...Best Affirms Fireman’s Fund, Subs Financial Ratings; Lowers Issuer Credit Ratings
On Friday, A.M. Best Co. said it affirmed the financial strength rating of 'A' (Excellent), but downgraded the issuer credit rating (ICR) to "a" from "a+" of California-based Fireman's Fund Insurance ...