Markets
Endurance’s Earnings Call Includes Barely a Mention of Failed M&A Deal
Endurance Specialty Holdings Ltd. Chairman and CEO John Charman barely addressed the company's three-month, failed attempted to buy Bermuda reinsurance rival Aspen Insurance Holdings during a 2014 ...
Rhode Island’s Tobacco Debt Deal Draws Oppenheimer Lawsuit
Rhode Island's plan to sell $594 million in debt backed by tobacco-company payments was challenged by OppenheimerFunds Inc., which claims the deal violates the rights of current bondholders to ...
The Hartford’s Former Leader Reflects on Turnaround
The Hartford Financial Services Group's Liam McGee, who stepped down as president and CEO on July 1 but will remain executive chairman until next year's shareholder meeting, spoke about the company's ...
AIG’s CEO Passes the Torch; His Successor Pledges Continuity
American International Group President and CEO Robert Benmosche got a bit sentimental about the company's post-financial crisis turnaround during his last investor earnings call on Aug. 5. He also ...
Smartphones at Risk: Vulnerable to Stolen Passwords, Data Theft
Security researchers revealed two separate threats last week they say could put up to 90 percent of the world's 2 billion plus smartphones at risk of password theft, stolen data and in some cases let ...
The Promise of Predictive Analytics in Commercial Lines
In "Predictive Modeling Pitfalls: When to Be Cautious," published by Carrier Management last month, Ira Robbin from AIG presents a compelling case for exhibiting care when developing and implementing ...
Research Shows Ripple Effect of Emergency Room Closings on Nearby Hospitals
In the first analysis of its kind, UC San Francisco research shows that emergency department closures can have a ripple effect on patient outcomes at nearby hospitals. In a study of more than 16 ...
Brazilian Investment Bank, Abu Dhabi Fund Partner on Ariel Re Takeover
Grupo BTG Pactual, Brazil's only publicly traded independent investment bank, is partnering with shareholder Abu Dhabi Investment Council to expand its reinsurance business, said Chief Executive ...