Emerging Markets
If You Want a Job, 63 Percent of Insurers Are Looking, Jacobson/Ward Study Found
A majority of insurance companies plan to hire additional employees in 2018, even as the industry's unemployment rate hovers at a record low and the labor market remains extremely competitive, ...
Employee Job Satisfaction Rises; Unhappiness Over Training, Bonuses, Promotion Is an Issue
Slightly more than half of U.S. employees claim to be satisfied with their jobs, a statistic to consider as Labor Day 2018 approaches. Specifically, 51 percent of U.S. employees said they are ...
Buffett’s Berkshire Hathaway Invests in India-Based Digital Payments Company
Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into ...
China’s Ping An Insurance Is Suing U.S. Broker Over Use of Its Name
China's giant Ping An Insurance Group is suing a California-based wholesale brokerage over its use of the name Ping An. The Chinese financial services firm is demanding that Ping An Insurance Center ...
For QBE, a Focus on Profitable Underwriting Begins to Pay Off
QBE's restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Good progress has been made ...
China’s Online Insurer ZhongAn Announces SoftBank Investment; Overseas Growth Planned
ZhongAn Online P&C Insurance Co. Ltd., the first Internet-only insurer in China, announced its subsidiary ZhongAn International will receive a strategic investment from SoftBank Vision Fund, ...
Teen Reportedly Hacks Apple Mainframe; Company Reassures Customers
Apple Inc said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and ...
QBE Insurance Rises in an H1 Featuring Fewer Disasters
Australia's QBE Insurance Group Ltd posted a better-than-expected 4 percent rise in first-half profit, helped by fewer natural disasters in its biggest markets, sending its shares up almost 9 percent ...