Emerging Markets
Ping An’s One Connect Arm Goes Public in U.S. With Reduced Targeted Offering
Ping An Insurance's OneConnect Financial Technology launched a U.S. initial public offering (IPO) of up to $504 million on Tuesday, reducing both its target offering size and valuation. The unit of ...
China’s Ping An Insurance Plans $500M U.S. IPO for OneConnect Arm
Ping An Insurance's OneConnect Financial Technology plans to launch a U.S. initial public offering (IPO) for about $500 million on Tuesday, people with knowledge of the matter said, reducing both its ...
Chubb Boosts Stake in Major China Insurer
Chubb Ltd. has increased its investment in one of China's major insurers, reflecting a deeper commitment to penetrating the market there. Chubb said it would purchase another 15.3 percent of Huatai ...
Good Leaders Celebrate Progress, Find Perspective in the Face of Failed Projects
Not every company project is successful. Good leaders remember to celebrate progress made and help their teams gain perspective about the bigger picture, according to a recent posting on the Lets ...
Mitsui Sumitomo Insurance Reorganization Plan Leaves A.M. Best Rating Unchanged
The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans ...
A Corpse Adds to Old Mutual’s Ongoing Problems
Old Mutual Ltd. is in the spotlight again for all the wrong reasons. The 174-year-old insurer was forced to apologize after a grieving family brought a corpse to one of its branches so the company ...
Insurers, Others Pressure Global Energy Watchdog Over Climate Change Fight
Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency's projections for ...
UK’s Aviva Decides to Keep China, Singapore Businesses After All
Aviva Plc, the U.K. insurer that's overhauling some businesses as part of its chief executive officer's turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest ...
Gender Reveal Parties ‘Exploding’ in Popularity, and More CM Risk Alerts
Virtual assistants like Alexa and Siri can be hacked using laser light beams. Gender reveal parties are taking a dangerous turn. E-cigarettes may be more harmful to your heart than tobacco.