Emerging Markets
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 ...
AIG Sells Off Stake in China’s PICC Group With Few Gains
American International Group Inc. bought into The People's Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time -- ...
The Latest Launches From Munich Re and CyberScout
Munich Re will partner with CyberCube to beef up its approach to cyber risks. CyberScout, a provider of identity and data defense services, formed two new global partnerships designed to introduce ...
QBE Rebounds in 2018 With $715 Million Cash Profit
QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of $715 million during 2018, a significant improvement on the cash ...