Risk
AXA IPO Costs, Natural Disasters Ding 2018 Net Profit
Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped ...
Insurers Remain Wary of Exchange-Traded Funds, Despite Rule Change
Many insurance companies are steering clear of exchange-traded funds even after a high profile rule change designed to make them easier to own. Almost 40 percent of insurers aren't using ETFs more ...
Small and Midsize Businesses at Higher Risk of Cyber Attack, Chubb Warns
Small and midsize businesses are much more likely to experience cyber attacks than large companies. In fact, 62 percent of all cyber crime targets are small and midsize businesses. It costs, on ...
2018 ILS Issuance Comes Close to Record, but Q4 Slowed Down: Swiss Re
Insurance-linked securities reached their second-highest issuance levels ever in 2018, though the fourth quarter ended with a whimper. Total issuance for the year reached $9.7 billion through 29 ...
Allianz Mulls 2019 Share Buyback Slowdown to Finance Acquisitions
Allianz may slow its share buyback program after the one announced this week to allow the German insurer to make small acquisitions, the group's finance chief said on Friday after reporting a 19 ...
AIG’s Duperreault Blames ‘Go Large’ Strategy for Insurer’s Past Failures, Pledges 2019 Underwriting Profit
AIG President and CEO Brian Duperreault faced analysts on Valentine's Day looking both ahead and back. He elaborated on continuing steps taken to restore the struggling insurer to health, and what ...
Asia-Pacific Small Businesses Appear Over-Confident About Their Cyber Preparedness: Chubb
A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a new Chubb survey. Named "Too ...
Buffett’s Berkshire Hathaway Sheds Oracle Holdings, Trims Apple Stake, Adds New Investments
Warren Buffett's Berkshire Hathaway Inc. said it has trimmed its stake in iPhone maker Apple Inc., though none of the selling was Buffett's, and added positions in Canada's Suncor Energy Inc. and ...