Global Economy
MetLife CEO Frustrated with Regulatory Uncertainty On Capital Rules
MetLife Inc. Chief Executive Officer Steve Kandarian has seen regulation hinder his company's capital plans since he took over the top job at the largest U.S. life insurer in 2011. The Federal ...
BlackRock Warns Over ‘Major Risks’ of Scottish Independence
BlackRock Inc., the world's largest money manager, warned that Scottish independence would bring about "major uncertainties, costs and risks" in Britain, becoming the latest company to join the ...
Insurance has always been about helping people and businesses navigate uncertainty. While most insurance policies cover familiar exposures like property,...
Water Supplies Strained by Rising Energy Demand: UN
Rising demand for energy, from biofuels to shale gas, is a threat to freshwater supplies that are already under strain from climate change, the United Nations said in a report on Friday. It urged ...
Insurance Payments Begin But Liability Over Missing Malaysian Jet Unclear
As the final hours of Malaysian Air Flight 370 remain wrapped in mystery, the question of who bears full liability for the jet's disappearance is also unresolved. This much is clear: Families of the ...
Hartford Financial in Talks to Sell Japan Unit to Orix
Orix Corp., a Japanese finance and leasing firm, said it is in talks to buy Hartford Financial Services Group Inc.'s unit in the country. Nothing has been decided on the purchase, Tokyo-based Orix ...
New York Grabs ‘Shaky’ Lead Over London As Top Financial Center
New York replaced London as the world's leading financial center for the first time, after the City was rocked by a series of scandals and questions over the U.K.'s place in the European Union. New ...
Emerging Economies Holding Back Global Recovery: OECD
The recovery in developed economies is on track, although slowing activity in big emerging markets means global growth will be only moderate at best in the near term, the Organisation for Economic ...
Ironshore Names Executive Committee to Drive Growth Strategy
Specialty insurer Ironshore Inc. said it has formed a Group Executive Leadership Committee to formulate the firm's strategy for continued growth and enhanced performance of its group of companies ...