Global Economy
Chubb Survey: Execs Worry About Overseas Expansion Risks
As U.S. and Canadian businesses plan to expand their business overseas this year, their executives are worried about supply chain failures, data breaches and political instability, according to a ...
Munich Re CEO Blames Capital Mkt Interest Rates For Profit Hit
Munich Re' s net profit fell in the first quarter, its chief executive on Wednesday, hit by low capital market interest rates that continue to weigh on investment income at the world's largest ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Top 10 Countries in Manufacturing; U.S. is ‘Rising Star’
Call it the comeback kid. A new ranking of the competitiveness of the world's top 25 exporting countries says the United States is once again a "rising star" of global manufacturing thanks to falling ...
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Few Will Buy Insurance Against A Chinese Financial Meltdown
Selling insurance against a financial crisis should not be difficult, five years after the last one nearly wrecked the global economy. But when it comes to China, the world's second-largest economy, ...
Watsa’s Fairfax Leads Eurobank Investor Group Betting on Greek Turnaround
International investors are to invest 1.3 billion euros ($1.8 billion) in Eurobank to become the bailed-out Greek bank's biggest shareholders in another sign of growing market confidence in Greece. ...
RMS CEO Shah Confronts Delays With Cat Modeling Platform Rollout
RMS launched its Exceedance 2014 conference in Washington, D.C. on April 14 with a hard sell of RMS(one), a cloud-based catastrophe risk management system the California company hopes will modernize ...
Beijing Breaks Into Top 10 City Rankings: A.T. Kearney
Beijing's ability to draw business investment helped vault it into the top 10 of cities with the greatest global appeal. The Chinese capital landed at eighth of 84 municipalities ranked by ...