Underwriting
India’s Tata Group Sees Growth Opportunities in Insurance and Finance
The Tata Group sees potential for significant growth in financial services without relying on acquisitions, as India's largest conglomerate looks to sharpen its focus on about half a dozen ...
UK Official: Britain Wants a Brexit With No Changes
The U.K. has revealed for the first time what kind of trade deal it wants businesses to have with the European Union after Brexit -- and in British eyes, nothing will change. Brexit Secretary David ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
QBE Faces $1.2B in ‘Unprecedented’ Natural Catastrophe Claims for 2017
QBE announced to the market this week that it expects a $1.2 billion after-tax loss in 2017 on "unprecedented" natural catastrophe claims. "This has been a challenging year for QBE, reflecting an ...
Safe Driving App Developer Nexar Raises $30M From Nationwide, Others
Nexar has raised a $30 million round of new funding from Nationwide Insurance and other investors, money that will help expand the reach of its technology startup centered around a dashcam app to ...
AXIS Capital Weaves Greater Tech Use Into New Reorg Plan
AXIS Capital Holdings is reorganizing its operations in a bid to focus more on technology and innovation, with an eye on long-term profitable growth. Executives hope to put the new changes in place ...
Root Expands Into Four More States With Telematics-Based Auto Insurance Cover
Root, a telematics-based auto insurance startup, has expanded into four additional states, bringing the total in which it operates to 10. New state approvals to operate are from Pennsylvania, Texas, ...
Expect Up to $19B in Losses With a U.S. Cloud-Computing Failure
A cyber problem that temporary shuts down a top U.S. cloud computing provider could trigger as much as $19 billion in business losses, only a fraction of which would be insured, Lloyd's of London ...
Travelers Produces a Q4 Profit Despite Catastrophe and Tax Cut Hits
Travelers took a big Q4 hit from a tax-cut-related charge and catastrophe-related expenses but still pulled in a profit. The insurer booked $551 million in net income, or $1.98 per share, during the ...