Performance
Political Connections Ease the M&A Process
Firms that maintain political connections have an easier path through the merger process. In a study that is the first to examine the issue, we compare the differences in merger behavior and outcomes ...
Casualty Actuarial Society Honors 4 Universities
The Casualty Actuarial Society (CAS) has selected four universities to receive the 2016 CAS University Award, an honor created to recognize schools doing exemplary work in preparing students for a ...
Berkshire Profit Climbs on Investments; Insurance Underwriting Income Slipped by More Than Half
Berkshire Hathaway Inc.'s profit rose 8.2 percent in the first quarter as gains at manufacturing units and the investment portfolio overseen by Chairman Warren Buffett offset a slump at insurance ...
AXIS Net Income Plunges, but Reinsurance Results Improve
Net income plunged due to the declining value of its alternative investments, but AXIS Capital Holdings touted solid gains in its reinsurance and insurance segments alike during the 2016 first ...
Meditation Can Help You Lead More Effectively: Opinion
Today's "always on" work culture is taking a heavy toll on leaders, but McKinsey & Co.'s Manish Chopra believes he has a solution: meditation. Leaders need to "observe more, react less," Chopra ...
Icahn Win: AIG to Change CEO Pay Measure
American International Group Inc. abandoned the use of credit-default-swap spreads as a measure of long-term performance for its chief executive officer -- a partial victory for activist investor ...
People Are Among the Biggest Emerging M&A Risks: Mercer
With global M&A on the upswing in multiple industries, Mercer says it has identified a major risk on the rise: people who work for the companies involved in combining operations. "More than ever, ...
Zurich Insurance Paid Ex-CEO Martin Senn $6.3M in 2015
Zurich Insurance paid Martin Senn, its former CEO, 6.1 million Swiss francs ($6.3 million) during 2015, down from 7.2 million Swiss francs ($7.9 million) in 2014, the company reported. (The Swiss ...