Markets
Merger of German Public-Sector Insurers Unlikely: Fitch
German public-sector insurers, which include Versicherungskammer Bayern and Provinzial Nordwest Holding AG, are unlikely to merge, Fitch Ratings said. "There is no requirement for such a high number ...
Savvy Insurers Can Make Homeowners More Profitable
The lion's share of profitability for carriers has traditionally come from the auto business, but this segment is slowing for a number of reasons—and speed bumps may soon give way to roadblocks. ...
Natural Gas Exports Debated
The debate over exporting liquefied natural gas is intensifying as the Energy Department considers an array of applications to ship the fuel to Japan, India and other countries where prices are far ...
ACE to Buy 69% Stake in Thailand Insurer, Siam Commercial Samaggi
ACE Limited (ACE) said it has agreed to purchase a 60.9 percent stake in The Siam Commercial Samaggi Insurance PCL, a general insurance company in Thailand, from Siam Commercial Bank. Established in ...
Why American Financial is Buying Summit; Execs Reveal Deal Benefits
The ability to use cash for investments is one of the reasons executives of American Financial Group gave for paying $250 million for some former Liberty Mutual workers compensation units last week. ...
Economic Cost of January Freeze Put at $5B, Insurance Costs Not Available Yet
Hunkering down at home rather than going to work, canceling thousands of flights and repairing burst pipes from the Midwest to the Southeast has its price. By one estimate, about $5 billion. The ...
Senators Looking to Revive Climate Debate
Two of the U.S. Senate's biggest environmental boosters have launched a drive to revive the issue of climate change in Congress and defend President Barack Obama's climate action plan against ...
Avoiding the Pitfalls and Pratfalls of a UBI Product Launch
Any usage-based auto insurance (UBI) product launch is vulnerable to common reversals that can slow or even derail the project. Some simply cause delays, but others have cost the clients significant ...