Underwriting
Insurers, Others Face New EU Disclosure Rules on Responsible Investments
European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from ...
The Great Insurance Debate: Who Owns the Customer—Agent or Carrier?
For as long as insurers have distributed products through agents, a difficult question has dogged the industry: Who owns the customer? It's not an academic query. The answer has important strategic ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Berkshire Hathaway Reinsurance P/C Premiums Jump, and Other Q3 Earnings Takeaways
For Berkshire Hathaway Inc., profits from its stake in Kraft Heinz Co. were better late than never. Almost a third of the jump in Berkshire's third-quarter earnings came from finally recording its ...
Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate
Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...
Facebook Sued Over Allegations of Age and Gender Bias in Financial Services Ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, ...
The Hanover’s Momentum Continues in Q3
The Hanover Insurance Group produced higher net income and experienced lower catastrophe losses in its 2019 third quarter. Investment income growth, premium hikes and growth in more profitable ...
A Bayer Roundup Settlement Will Take Some Time: Lawyer
Even after three big losses in court trials and a plunge in market value, Bayer AG isn't close to settling tens of thousands of U.S. lawsuits claiming its Roundup weedkiller causes cancer, according ...