Emerging Markets
Low Global Yields, Short Memories Propel Debt Revival for Frontier Economies
Investors are returning to the riskier, less developed bond markets of Africa and other frontier economies, burying memories of past setbacks and plunging in after global yields failed to rise as ...
Marsh to Acquire Majority Stake in Panama-Based Broker Semusa
Marsh has reached a definitive agreement to acquire a majority stake in Semusa, a leading insurance broker and advisor in Panama and Marsh's long-standing local correspondent broker, the company ...
Allianz, Munich Re’s Ergo Unit Rumored in Talks for Greek Insurer
Allianz SE, Europe's largest insurer, and Munich Re's primary insurance unit Ergo Versicherungsgruppe AG are in talks to buy Agrotiki Insurance from Greece's Piraeus Bank SA, said three people ...
QBE Creates Emerging Markets Division, Combining Latin Am, Asia-Pac Units
QBE Insurance Group Limited announced Monday that it is combining its Latin America and Asia Pacific divisions to form the QBE Emerging Markets division, characterizing the move as a strategic change ...
Munich Re Gives Brazil Vote of Confidence; Covers World Cup Interruptions for $400M
Munich Re has up to $400 million on the line insuring against delays or cancellations of World Cup matches. The world's largest reinsurer is counting on Brazilian President Dilma Rousseff to do ...
RMS Opens Fourth Asia-Pacific Office in Singapore
Catastrophe risk management firm RMS announced last week that it is expanding its Asia Pacific presence with a new Singapore office. The office, led by Paul Burgess, senior director of client ...
California Regulators Want Insurers to Speed Up Ridesharing Policies
The California Public Utilities Commission wants the insurance industry to get off its duff and start creating some products to offer ridesharing drivers. A proposal issued by CPUC on Tuesday further ...
Geophysicist: Was Colorado Quake From Wastewater Injections?
A geophysicist from the University of Colorado is hoping to settle the question of whether a small earthquake May 31 near Greeley was caused by wastewater injection wells. The Greeley Tribune ...