Content tagged with Management Strategies posted in June 2009
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The Hartford Completes Participation Agreement for $3.4B Treasury Investment
The U.S. Department of Treasury's investment in The Hartford under the Capital Purchase Program takes the form of non-voting senior preferred shares with a cumulative annual dividend of 5 percent for the first five years and 9 percent thereafter.
Towers Perrin Debuts RiskAgility P&C V 1.2
The solution is designed to help P&C companies measure risk across their enteprise better, determine capital requirements and allocate capital to business units, as well as enabling them to develop reserve ranges, optimize reinsurance programs and measure economic performance and value creation.
Texas Farm Bureau Insurance Companies Select SunGard’s iWorks Investment Management
Texas Farm Bureau Insurance Companies select SunGard's iWorks Investment Management solution, which will provide investment accounting, reporting, portfolio analytics, and decision support.
MassMutual Announces New CEO
MassMutual has announced that Roger W. Crandall will succeed Stuart H. Reese as the company's chief executive officer (CEO) in January.
BlueCross BlueShield of Tennessee Selects MetricStream for GRC
BlueCross BlueShield of Tennessee selects MetricStream for GRC; platform will provide an integrated software solution for compliance, risk and quality management.
Unum Group Appoints Former Sun Life Exec as New CFO
Unum Group has appointed Richard P. McKenney as its new chief financial officer (CFO).
Sun Life Names Colm Freyne Interim CFO
Freyne will stand in for Rick McKenny, who will leave Sun Life to take an executive position with a U.S. financial services company.
The Hartford Names Christopher Lewis SVP of Capital Planning and Chief Risk Officer, P&C
Lewis will be responsible for further streamlining capital planning infrastructure across the organization and for enterprise risk management initiatives and implementation within the P&C operations.
Algorithmics and Barrie & Hibbert Announce Partnership to Help Insurers Address Solvency II Requirements
Algorithmics and Barrie & Hibbert announce partnership to help insurers address Solvency II requirements.
Thomas O’Neill Named COO of Lincoln Financial Distributors
Thomas O'Neill, former AEGON Financial Services Group exec, named COO of Lincoln Financial Distributors.
Improving Compliance Through Automation
Shrewd leveraging of automation enables insurers to streamline and navigate the web of regulatory complexities and disparities while cutting costs and improving communication.
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