Emerging Markets
People’s Insurance of China Profit Rises 53%
People's Insurance Company (Group) of China Ltd., parent of the nation's biggest non-life insurer, said profit rose 53 percent in the first half as investment and premiums income expanded. Net income ...
Brazilian Insurer’s IPO, World’s Largest, Beating All Peers, Still Rallying
BB Seguridade SA, the Brazilian insurer that held the world's largest initial public offering this year, is outperforming every other IPO from an emerging- market financial company this year. The ...
You are shopping for a new refrigerator. How do you choose? One is the right size from a durable brand...
New China Trust Pulls Bid for AIG’s Plane Leasing Firm Over Regulator: Report
New China Trust, which led a Chinese investor group in a $4.2 billion bid for American International Group Inc.'s aircraft-leasing unit, pulled out of the deal on concern its ties with a Chinese ...
JPMorgan Hit by U.S. Bribery Probe into Chinese Hiring
U.S. authorities have opened an investigation into whether JPMorgan Chase & Co hired the children of powerful Chinese officials to help it win business in China, according to the New York Times. ...
Samsung Sued by Brazil Prosecutor For Factory Working Conditions
Samsung Electronics Co. was sued by a Brazil public prosecutor who says workers at a company factory were subject to unsafe conditions, according to a statement on a government website. The Public ...
Four Distribution Steps For Successful Global Growth
Growth opportunities for insurers in developed markets are running out of runway and require increased efforts. Even though there is slow growth in some areas, regions such as China, India and Brazil ...
Corporate Risk Consultants Uneasy After China’s Detention of Investigators
The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into pharmaceutical giant GlaxoSmithKline has had a chilling effect on ...
ACE CEO Greenberg Looks to Mexico to Grow as Brazil Slows
Evan Greenberg, the chief executive officer of Ace Ltd., said the insurer is looking beyond Latin America's largest economy as he seeks growth in the region. "It's obviously slowed down a lot in ...