Emerging Markets
China’s New Insurance/Banking Head Known for ‘Regulatory Firestorm’
Chinese financial heavyweight Guo Shuqing has been appointed head of the country's newly merged regulator for the banking and insurance sectors, Financial News, the official newspaper of the central ...
The Latest Launches From Chubb, QBE North America and Flock
Chubb will offer insurance to on-demand drivers in South Asia as part of a new partnership. QBE North America is expanding its product offering for multinational companies. U.K.-based startup Flock ...
China Will Merge Its Insurance, Banking Agencies in Big Regulatory Revamp
China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years. The ...
Zurich’s Cover-More Accelerates Latin America Travel Insurance Expansion
Zurich Insurance Group is doubling down on plans to expand throughout Latin America. Weeks after agreeing to pay $409 million for the Latin American operations of Australian insurer QBE, the Swiss ...
Zurich Will Pay $409M for QBE’s Latin American Operations
Zurich Insurance Group will pay $409 million for the Latin American operations of Australian insurer QBE, a deal that will help it become the top insurer in Argentina and build market share in other ...
China’s Anbang Insurance Backs Govt. Takeover, Pledges Commitment to Overseas Subsidiaries
Anbang Insurance Group Co Ltd said on Monday it fully supported the Chinese insurance regulator's decision to temporarily take control of the company, and remains committed to the development of its ...
Chubb Among Chorus of Companies Cutting Promotional Ties With NRA
Some of the biggest names in corporate America are coming under mounting pressure to cut ties with the National Rifle Association as gun safety activists on Friday intensified calls for a boycott in ...
Britain Contributes $35M to Climate Risk Insurance Hedge Fund
Britain is backing a hedge fund that aims to raise $200 million to give developing countries access to climate risk insurance. Britain's Department for International Development (DFID) is investing ...