Emerging Markets
Validus Looking to Grow in U.S. Insurance Market, CEO Says
The chief executive officer of Validus Holdings said that there are growth opportunities for the group's insurance operations in the United States, at a time when growth for the Bermuda reinsurance ...Subprime Auto Lender May Have Exposed Clients’ Personal Info
Benjamin Lawsky, New York's top banking regulator, sued Condor Capital Corp., claiming the subprime auto lender stole millions of dollars from low-income customers and risked exposing their personal ...
Hacking Threat Is Real For Global Shipping Fleet
The next hacker playground: the open seas—and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up ...
Few Will Buy Insurance Against A Chinese Financial Meltdown
Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy. But when it comes to China, the world's second-largest economy, ...
Livestock Producers Targeted By New U.S. Farm Law Insurance Plan
A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar ...
Aon’s New Political Risk Map Highlights BRICS Increased Risks
Aon Risk Solutions, the global risk management business of Aon plc, has unveiled its 2014 Political Risk Map, which identifies an increased risk rating for all five BRICS countries. Aon noted that ...
IMF Sees Global Growth Gaining Along With Rising Risks in Emerging Economies
The International Monetary Fund (IMF) on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked up, but it warned of rising risks in emerging economies. ...
China Could Attract More Global Firms with Relaxed Insurance M&A Rules
China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market. Beijing would allow ...