Global Economy
Generali’s Asset Management Unit Helped Support Q3 Performance
Assicurazioni Generali, Italy's biggest insurer, said on Thursday its operating profits were down 5.6 percent so far this year but despite low interest rates the performance had improved in the third ...
SCOR Anticipates Full India Launch
SCOR is on the verge of launching full operations in India. Regulators there granted SCOR permission to open a composite branch office in India to conduct P/C and life reinsurance business. SCOR will ...
President Trump Will Target Immigration, Taxes, Trade, Affordable Care Act
Donald Trump's surprise election Tuesday as U.S. president means the repudiation of Barack Obama's legacy and a strong likelihood Republicans will undo many of his accomplishments, including ...
Credit Markets Calm in Wake of Trump’s White House Win
The US credit market gave a tempered reaction on Wednesday to Donald Trump's election victory, with many bankers even saying they expected new bond issuance to resume as soon as Thursday. In keeping ...
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
P/C Industry Warns China’s New Cybersecurity Law Could Hamper Foreign Business
China's new wide-ranging cybersecurity law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and experts alike caution that it will create ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Scotland Plans to Join Brexit Legal Challenge
The Scottish government will seek to join a Brexit legal challenge, adding to the growing number of voices calling for a vote in Parliament before Prime Minister Theresa May can trigger the two-year ...