German Insurance Giant Slumps In Face of Overhaul

Talanx AG, Germany's third-biggest insurer, slumped after saying it began an overhaul of its German consumer division. Talanx lost as much as 10 percent, the biggest intraday decline since the shares ...

Longtime Canopius Exec Plans to Retire in June

A longtime Canopius Group Ltd. executive is retiring, even as the global specialty reinsurer now owned by a Japanese insurance giant gears up for a U.S. expansion. James Giordano, executive chairman ...