Markets
Farmers’ New Consumer Web Portal Has Auto Buyers In Mind
Farmers Insurance is launching a new consumer web portal designed, in part, to expand how it sells auto and other kinds of insurance. The initiative reflects a push to attract and retain younger ...
Genworth Mortgage Insurance IPO Soars in Australia
Shares in home-loan insurer Genworth Mortgage Insurance Australia Ltd rose 14 percent on Tuesday in an upbeat first day of trading for the country's biggest initial public offer of the year so far. ...
FINRA Probing Abusive Trades Based on Mathematical Algorithms
Wall Street's self-regulator is cracking down on abusive trades made on the basis of mathematical algorithms and currently has some 170 ongoing investigations into the subject, its chief said on ...
Former VP Gore Backs Insurance Execs’ Commitment to Climate Risk at Geneva Assoc. Assembly
Former U.S. Vice President Al Gore recognized the insurance industry's key role in helping the world to tackle climate-related risks during a speech at The Geneva Association's annual General ...
66 Industry CEOs Sign Geneva Association Climate Risk Statement
Sixty-six chief executives of the world's leading insurers have confirmed their commitment to The Geneva Association's Climate Risk Statement―a set of guiding principles on the substantial role ...
Aspen, Still in Endurance’s Sights, Touts Growth and Investor Value
Aspen Insurance Holdings continues as Endurance Specialty Holdings' hotly coveted takeover target. In the meantime, the Bermuda reinsurance and insurance player made its case to investors that it is ...
House Bipartisan TRIA Bill Expected In June: Subcommittee Chair
The chairman of crucial U.S. House subcommittee said a bipartisan bill of its own that will renew the Terrorism Risk Insurance Act, or TRIA, will be unveiled in June. Rep. Randy Neugebauer, R-Texas, ...
Cost of Climate Change Hitting the World’s Biggest Companies, Threatening Supply Chains
Drought, hurricanes and rising seas are becoming more significant threats to the world's biggest companies and the risk is accelerating, according to the Carbon Disclosure Project. Companies planning ...