Markets
European CEOs Worried About High Taxes, Regulatory Burden: Lloyd’s Survey
High taxation and new regulation are among the most pressing concerns for senior European company executives, according to a survey by Lloyd's of London. The Lloyd's Risk Index survey also found ...
‘Breakaway’ Pricing Seen From Capital Markets Pressuring Traditional Re
With third-party investors putting increased levels of capital into catastrophe bonds, sidecars and collateralized reinsurance, pricing in the capital markets is now, for the first time, "decoupled" ...
Sandy Collector Auto Claims: A CEO’s Takeaways From The Nation’s 3rd-Worst Insurance Disaster
Superstorm Sandy made landfall October 29, 2012, crossing the coast of New Jersey and creating damage in a widespread path up and down the East Coast. Sandy, a post-tropical cyclone, caused more ...
Europe’s Financial Regulation Scheme Still a Work in Progress
Five years after mismanagement brought the global financial system to the brink of collapse, a Reuters survey reveals yawning differences in the way European Union countries assess whether bankers ...
Brightening U.S. Jobs Picture May Draw Fed Closer To Tapering
U.S. job growth increased more than expected in June, which could draw the Federal Reserve closer to implementing a plan to start scaling back its massive monetary stimulus later this year. Employers ...
Countrywide Board, CEO Mozilo Should Face Investors’ Claims, Court Told
Former Countrywide Financial Corp. directors, including ex-Chief Executive Officer Angelo Mozilo, should be forced to face claims that they misled investors about the quality of the mortgage-lender's ...
U.S. Bond Funds Losing $60 Billion Foreshadow Impact of Fed Exit
Investors have pulled about $60 billion from U.S. bond funds since Federal Reserve Chairman Ben S. Bernanke rattled markets by outlining his plan to end the central bank's unprecedented asset ...
Lloyd’s CEO Ward Resigning; Search For Successor Begins
On Wednesday, Richard Ward, chief executive officer of Lloyd's, announced his intention to resign at the end this year. "This has not been an easy decision to make but, as Lloyd's longest-serving ...