Markets
Auto Insurers Risk ‘Credit Negative’ Label As Traffic Injuries Rise: Moody’s
With signs pointing to an ongoing rise in U.S. traffic injuries and deaths during the first six months of 2015, Moody's is warning that the trend is credit negative for auto insurers. Moody's ...
Ping An Insurance, Confronting China Slowdown, Boosts Overseas Assets
Ping An Insurance (Group) Co., China's second-largest insurer, is boosting overseas assets as the nation's slowing economy and falling interest rates make it difficult to find investments with ...
Lloyd’s of London Insurer Amlin Denies Rumors It is For Sale
Amlin Plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd's of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. "We are not ...
‘Event’ Needed to Boost International Insurance Pricing: QBE Group CEO
When Australia's QBE Insurance Group reported a 24 percent leap in first-half earnings last week, the leader of the company signaled the ability of the company to weather both natural catastrophes ...
Finding ‘Diamonds’ in Greenhouse Gas; Scientists Making Nanofibers from CO2
Finding a technology to shift carbon dioxide (CO2), the most abundant anthropogenic greenhouse gas, from a climate change problem to a valuable commodity has long been a dream of many scientists and ...
Hurricane Katrina Led to Big Improvements in Coastal Building Codes
When Hurricane Katrina made landfall 10 years ago, it caused a whopping $41 billion in insured losses and more than $151 billion in overall economic losses. The storm left massive damages in coastal ...
North Atlantic Hurricanes and Amazon Wildfires Linked: Research
Researchers from the University of California, Irvine and NASA have uncovered a remarkably strong link between high wildfire risk in the Amazon basin and the devastating hurricanes that ravage North ...
RSA Shareholders Brace For Lowball Bid From Possible Suitor Zurich Insurance
Shareholders in British insurer RSA are bracing for a lowball bid from prospective suitor Zurich Insurance, putting one of Europe's largest ever insurance deals in doubt. After flagging its interest ...