Emerging Markets
In a Rarity, Category One Hurricane Slams Into Cape Verde
Something rare happened out in the Atlantic- - a hurricane hit Cape Verde. The islands off the coast of Africa lend their name to some of the most powerful storms the Atlantic produces, yet they ...
Progressive Insurance Survey: Millennials Want Fulfilling IT Jobs More Than Higher Pay
Progressive Insurance discovered one clue about millennials that could make it easier for carriers to bring them on board in the future: they're looking for fulfillment over money. That's ...
Zurich Insurance Makes Conditional $8.8B Offer For RSA
RSA Insurance Group Plc rose in London after Switzerland's Zurich Insurance Group AG made a conditional offer to buy the company for about 5.6 billion pounds ($8.8 billion). The shares increased 4.8 ...
Asia Faces Increasing Windstorm Exposures: Allianz Global Corporate & Specialty
Asia is facing increased exposure to windstorm risks and is projected to be home to eight of the top 10 most exposed cities by 2070, according to a new risk bulletin by Allianz Global Corporate & ...
A.M. Best: China Explosion Insurer Costs Remain in Flux
Some industry watchers are trying to tally carrier claims costs following an Aug. 12 explosion at a key China port. A.M. Best cautions, however, that plenty of variables remain. Among them: the mass ...
Autonomous Vehicles: Major Disrupter Presents Challenges and Opportunities
Since the early 1960s, the insurance industry has been a major force behind the most significant advances in highway and vehicle safety, including electronic stability control requirements, seat belt ...
China’s Ping An Insurance Sees Profit Soar, Thanks to Investment Gains
Ping An Insurance (Group) Co., China's second-largest insurer, said profit jumped 62 percent in the first half of this year as a stock-market rally boosted investment returns. Net income rose to 34.6 ...
China Tianjin Port Blast Forces the World’s Automakers to Divert Shipments
Toyota Motor Corp and rival global automakers are looking to divert shipments to Shanghai and other ports from Tianjin after massive explosions last week disrupted operations indefinitely at China's ...