American International Group conducted a survey of 323 risk managers, IT decision makers, C-suite executives and brokers in the U.S. and Canada and found that cyber attacks beat property damage and income loss as a top-of-mind risk.
American International Group conducted a survey of 323 risk managers, IT decision makers, C-suite executives and brokers in the U.S. and Canada and found that cyber attacks beat property damage and income loss as a top-of-mind risk.
If the Hartford decides to split its P&C and Life operations, as proposed by a hedge-fund manager who owns an 8.4 percent stake in the company, the P&C operations would have a more favorable credit outlook than would the Life operations alone, according to Moodys Investors Service.
If Hartford Financial were to split in two the outcome would have positive credit implications for the property and casualty (P&C) insurance group and negative credit implications for the life insurance group. The main reason for the difference, according to Moodys Weekly Credit Outlook is that the life group depends...