Features
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 ...
Saint Joseph’s University Research Shines Light on Gender Diversity in Insurance
The insurance industry has long suffered from a "brand identity" crisis on many fronts. Often accused of improper sales and marketing of our products and poor handling of policyholder claims after a ...
What’s Wrong With a Solvency II Approach to P/C Solvency Regulation?
Solvency II (SII) is a European initiative intended to bring a more coordinated, consistent and modern approach to solvency regulation of insurance companies. It involves changes in accounting rules ...
How Activist Investors Are Taking Executives’ Scalps at Big Companies
Activist investors from Carl Icahn to Daniel Loeb and Bill Ackman are ratcheting up their campaigns, increasingly targeting America's biggest companies and seeking the ouster of chief executive ...
Warren Buffett’s Pension Fund Management Advice: Saft Column
Here is Warren Buffett's pension fund management advice in a nutshell: Be patient, buy only a few things, ignore the stock market until it becomes irrationally optimistic, at which point sell. A ...
FASB, IASB Proposing ‘Transformational’ Changes in Insurance Accounting
The Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) separately released proposals recently that represent a transformational change to measurement and ...
How Companies Can Guard Against Employee Betrayal: Schneier
Ever since Edward Snowden walked out of a National Security Agency facility in May with electronic copies of thousands of classified documents, the finger-pointing has concentrated on government's ...
Seven Straight Years of Reserve Releases: Fitch
Property/casualty industry prior-year loss reserves have developed favorably for seven straight calendar years, according to a new report from Fitch Ratings, which also says the industry reserve ...