Emerging Markets
Allianz Will Buy Sri Lanka’s Janashakthi General Insurance for $106.3M
Allianz announced it has inked a deal with Janashakthi Insurance PLC (JINS) to acquire its subsidiary Janashakthi General Insurance Ltd. (JGIL) for 106.3 million. The transaction will go through ...
Allianz-Owned Microinsurer BIMA: Closing the Protection Gap in Developing Nations
The insurance protection gap in developing nations is being filled by a growing group of microinsurers, which provide coverage that ranges from life and health insurance, to crop insurance, to ...
China P/C Insurers Reportedly See 2017 Operating Cash Flow Turn Negative Amid Crackdown
China's insurance firms saw their net operating cash flow slump 65 percent last year, a source said citing data in a government memo, underscoring the challenges facing the sector as it reels from a ...
Line Corp. Japan’s Biggest Messaging Service, Is Expanding Into Insurance and More
Line Corp., Japan's biggest messaging service, is expanding into cryptocurrency trading, insurance and other financial services, according to people familiar with the matter. The company established ...
Blame Global Warming for Recent U.S. Cold Snap Surges
Because the world is getting warmer, it's getting colder, too. Crazy as that sounds, there's an explanation in the northernmost corner of the the planet, where temperatures are rising twice as fast ...
Share Your Story: Sexual Harassment and the Workplace
From Hollywood to the corporate world, sexual harassment — the making of unwanted sexual advances or obscene remarks — is drawing greater public scrutiny than ever before. Victims (mostly women) ...
Executives On The Move at CNA, RSA and Ping An Insurance
CNA appointed three executives to new positions within its Commercial Insurance unit. RSA's UK & International business named two executives focused on global and commercial risks. China's Ping ...
With Climate Change, Uninsurable Basements Are in New York and Mumbai’s Future
Private property below ground in New York and Mumbai may not be insurable in the next decade if climate change advances, the head of one of Europe's largest insurers said. "If you go much further to ...