Emerging Markets
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 ...
China Regulator Orders Banks, Insurers to Amp Up Lending to Private Firms
China's banking and insurance regulator said on Monday it had told all of the country's banks to sharply increase lending to private companies, as policymakers step up support for the slowing ...
China’s Ping An Insurance Reportedly Planning Massive IPO for Fintech Unit
Ping An Insurance (Group) Co., China's largest insurer by market value, is gearing up for an initial public offering of its OneConnect unit that could value the financial management portal at about ...
AXA IPO Costs, Natural Disasters Ding 2018 Net Profit
Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped ...