Emerging Markets
Cyber Risks Reign Supreme Among Businesses of All Sizes
Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55 percent said they worry some or a great deal about ...
Selective Establishes Student Loan Repayment Program for Staff and Potential Hires
Selective Insurance Company has started offering a student loan repayment program to both employees and potential hires. The program is being handled through Selective Insurance Company of America, ...
Risk Alert: Is Water Making Us Fat?
Drinking water: a commodity so abundant in modern society that we rarely give it much thought. At least until recently with two dramatic discoveries. First, the discovery of lead-contaminated water ...
China-Owned Insurer Helps Soften Trade War Hits for Exporters and Importers
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and chasing down U.S. importers ...
China’s Anbang Insurance Group Sells off Luxury Hotels, Keeps Original Waldorf Astoria
Anbang Insurance Group Co. agreed to sell a luxury hotel portfolio to South Korea's Mirae Asset Management Co., marking the end of the Chinese insurer's short-lived investment in the properties. ...
Benefits Abound With Investments in Climate Change Adaptation
Investing $1.8 trillion between 2020 and 2030 in projects to help communities adapt to the worsening impacts of climate change could yield $7.1 trillion in economic benefits, according to a report ...
China Regulators Cap How Much Insurers Can Invest in Their Shareholders
China's banking and insurance regulator on Monday capped how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is ...
Regional Coverage Program Rushes $11 Million Payout to the Bahamas
The Bahamas will receive $11 million in post-disaster insurance from a novel 12-year-old regional coverage program. CCRIF, once short for the Caribbean Catastrophe Risk Insurance Facility, was ...