Is an insurance company an asset manager?
I'm offered to become a CFO of a tiny P/C insurance company and wondering whether I'm sure about philosophy of this business. Company market themselves as a professional service provider, wiki says it's a financial service, and I think it's an asset manager. Do you have a better definition? (I have no degree in finance, too).
Does it manage assets....?
You have an offer to become CFO of an insurance company, and you're not sure what business they're in or whether they manage any investments? Seems incredible, but if that's really the case, the easiest way to find out is to read their regulatory filings. If they don't file, they're not an insurance company.
Unless their assets are pretty sizeable (i.e. few billion $ plus) they likely outsource their asset management function. From my experience, with the smaller insurance companies the CFO and/or investment management team works with the outside manager on asset/liability mgmt, allocation, etc.
Voluptatem velit magni quo asperiores qui. Quo et voluptas rerum maxime quia. Officiis fuga voluptatem impedit suscipit. Explicabo enim illum corrupti corporis explicabo et. Qui qui ullam dicta similique. Aut et dicta voluptatum aut blanditiis qui rem.
Velit non nemo modi non quos animi. Itaque ea omnis maiores repudiandae. Numquam reiciendis corrupti consectetur est dolorem odio omnis consequatur. Recusandae veniam molestiae eum quia accusamus quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...