News
Asia’s Expert Networks for Investors Coming Under U.S. Scrutiny
Expert networks - a matchmaking service linking investors such as hedge funds with company insiders - are under scrutiny from regulators in the United States, but are expanding across Asia, where the ...
Florida’s Property Insurer Avoids Storms, Piles Up Cash As Its Bonds Suffer
Florida's government-run insurance system has amassed record cash reserves as hurricanes bypassed the state since 2005. That hasn't helped investors in its bonds, with some trailing benchmarks by the ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Zurich Defends Financial Reporting
Leaders of Zurich Insurance Group defended the quality of its financial reporting on Friday in response to media speculation and analysts' questions linking financial disclosure issues to recent ...
What Is Ackermann’s Executive Legacy Following Zurich Insurance Tragedy?
Josef Ackermann tried to shake up Zurich Insurance Group AG. Now, allegations that he was partly responsible for the suicide of the chief financial officer are casting a shadow over his 35-year-long ...
Compensation Gaps in the Insurance Industry: University Research
As part of a research project focused on analyzing leadership demographics in the insurance industry, Saint Joseph's University examined compensation level for senior officers in various market ...
Ackermann Quit Zurich After Being Named in CFO Wauthier’s Suicide Note
Josef Ackermann's abrupt resignation as chairman of Zurich Insurance Group AG came after Chief Financial Officer Pierre Wauthier mentioned him in his suicide note, the company said. "We were informed ...
CEOs Behaving Badly; Performance Graded ‘F’ By Think Tank
With a silhouetted image of a cigar-smoking bigwig reading a failing report card on its cover, a Washington think tank published a study revealing that 38 percent America's top-paid CEOs were either ...
Arkansas Homeowners Settle Suit Charging Fracking Wastewater Caused Quakes
Five Arkansas residents who sued two oil companies claiming wastewater disposal wells from fracking caused earthquakes that damaged their homes settled with the companies for an undisclosed sum on ...