Emerging Markets
China Pledges Broader Market Access for Insurers, Banks and Securities Firms
China will sharply expand market access for foreign banks and securities and insurance companies, especially in its financial services sector, Premier Li Keqiang said on Thursday, as senior U.S. ...
Global Emissions Reach Record, Thanks to Growing Energy Demands
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and ...
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Marijuana Is Legal; Now What? Workers Comp Carriers Prepare for Claims Ahead
There's no doubt marijuana is having a moment, with several states having passed legislation legalizing it for both medical and recreational use. Media focus has centered on the drug's benefits, but ...
China Re Rolls Out Lloyd’s-Based Renewal Energy Consortium
China Re Corp. is launching a renewable energy consortium at Lloyd's, with a focus on project-specific reinsurance for the construction and operation of offshore wind farms in mainland China. China ...
Stock Price Plunge Likely for P/C Giant People’s Insurance Co. of China
Shares in China's largest property insurer have started their descent back to Earth and according to analysts, it could be a prolonged and rocky journey. People's Insurance Co. (Group) of China ...
Emerging Markets Will Continue Driving Insurance Industry Growth: Swiss Re
Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss ...
U.S. Reportedly Will Allow Lawsuits Against Some Foreign Firms Operating in Cuba
The Trump administration is preparing to allow lawsuits in U.S. courts for the first time against some foreign companies doing business in Communist-ruled Cuba using properties confiscated from ...