Markets
In Brazil, Mapfre to Market Insurance on Gift Cards at Retail Stores
Mapfre SA plans to use gift cards sold at retail stores, gas stations, newsstands and vending machines as a way to entice Brazilians to buy insurance. Spain's largest insurer, which sells auto, ...
RSA CEO: Premiums Down; Strategy to ‘Reset’ Insurer Ahead of Schedule
RSA Insurance Group Plc declined in London trading after reporting lower premiums in the first nine months of this year as prices fell and it withdrew from less profitable businesses. RSA, which was ...
Munich Re’s Net Income Soared But Still Missed Analysts’ Estimates
Munich Re, the world's biggest reinsurer, posted third-quarter profit that missed analyst estimates as low interest rates eroded returns from its fixed- income investments. Net income rose 16 percent ...
Apple Computers and Devices Targeted By New Malware
Palo Alto Networks Inc has discovered a new family of malware that can infect Apple Inc's desktop and mobile operating systems, underscoring the increasing sophistication of attacks on iPhones and ...
The P/C Industry Calculates Its Future After Republican U.S. Election Gains
A day after the 2014 midterm elections gave Republicans control of the U.S. Senate, wider control of the House and major gains in state races across the nation, lobbyists for the property/casualty ...
In October, the Worst Storms Slammed Into India and Japan
As of Nov. 1, the U.S. achieved 3,295 consecutive days without a major hurricane landfall. That doesn't mean there weren't major storm events in October, but the worst ones hit India and Japan ...
Jewelers Mutual Chooses Its Next Leader
Jewelers Mutual Insurance Co. announced on Tuesday that it has selected Scott Murphy as the successor to President and CEO Darwin Copeman, who will be retiring in 2015. Copeman has been president and ...
Stryker Resolves Hip Implant Liability Lawsuits for $1 Billion
Stryker Corp. agreed to pay more than $1 billion to resolve lawsuits over thousands of hip implants recalled in 2012 after patients complained of pain, swelling and metal debris from the devices. ...