Global Economy
China Broker CNinsure Changing Name to ‘Fanhua Inc.’
CNinsure Inc., a China-based insurance broker, will now be known as "Fanhua Inc." Shareholders voted to change the name during a Dec. 6 meeting. Alongside the name change, the Nasdaq ticker symbol ...
Xceedance Opens Operations Center in Poland
Xceedance said its new operations center in Poland is open for business. The property/casualty insurance technology, analytics and consulting services provider said the facility is designed to help ...
Industrywide Webinar Urges Young P/C Professionals to Help Recruit Others
Insurance industry executives and groups working to attract millennials to the sector are now actively targeting their younger colleagues to help get the word out. On Dec. 2, the recruiting ...
RBS Agrees to Pay Up to $1B to Settle Investor Lawsuits Over 2008 Offering
Royal Bank of Scotland Group Plc moved closer to clearing a backlog of charges for misconduct that have slowed its return to profitability, agreeing to pay as much as 800 million pounds ($1 billion) ...
Updated: Liberty Mutual to Grab Specialty Insurer Ironshore for $3B
Liberty Mutual Insurance has agreed to snatch up specialty lines insurer Ironshore Inc. from Chinese conglomerate Fosun International Ltd. for about $3 billion. The planned acquisition, rumored for ...
A Boss Can Improve Efficiency Relying on Rivals and Even (Healthy) Conflict
Squandered work time can be expensive for companies, to the tune of $15.5 million on average, according to researchers from the Kellogg School of Management at Northwestern University and Ohio State. ...
Hiscox Re Getting Krefta as New CEO; Pinchin Shifting to New Role
Hiscox named a new leader for its reinsurance arm and Bermuda division. The specialist global insurer disclosed that Michael Krefta has been appointed CEO of Hiscox Re and insurance linked ...
D&O Liabilities Are Becoming More Complex Around the Globe: Allianz Report
Company directors and senior managers across the globe are increasingly likely to face costly regulatory investigations, criminal prosecutions or civil litigation, which not only put their company's ...