Risk
Zurich Insurance ‘Confident’ About Reaching Improved Profitability Target
Zurich Insurance Group AG, Switzerland's biggest insurer, said it is still "confident" its non-life unit can improve a profitability target with cost cutting after it announced in August it may miss ...
Swiss Re Sees Emerging Market Infrastructure Construction Boosting Premiums
Swiss Re Ltd., the world's second- biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in emerging markets through 2030 may translate into $68 billion in ...
Sandy Facts ‘n Figures
Superstorm Sandy made landfall as a post-tropical cyclone on the U.S. East Coast October 29, 2012 after cutting a destructive path through the Bahamas, Cuba, the Dominican Republic, Haiti, Jamaica ...
Nationwide’s Crestbrook Targets Affluent Market
Well-to-do Illinois residents and their insurance agents now have an additional option when it comes to protecting their assets. Crestbrook Insurance has selected Illinois for the launch of what is ...
Obama Administration Pushes Congress to Renew Trade Promotion Authority
The Obama administration's top trade official said on Tuesday that the United States is aiming to finalize a giant trade deal with 11 other Pacific Rim nations by the end of year, but that it needs ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...
New York Announces Emergency Disaster Protocol for Insurers
New York Gov. Andrew Cuomo announced that his administration has established a new emergency disaster protocol that insurers should expect to follow in the event of future severe storms and other ...
Toyota Settles Acceleration Case After $3M Verdict
Toyota Motor Corp. reached a deal last Friday to resolve a lawsuit in the United States over unintended acceleration issues, one day after a jury found the Japanese carmaker liable and ordered it to ...