Markets
China Will Merge Its Insurance, Banking Agencies in Big Regulatory Revamp
China is merging its banking and insurance regulators, giving new powers to policymaking bodies such as the central bank and creating new ministries in the biggest government shake-up in years. The ...
GM Reportedly Will Test Airbnb-Like Service for Personal Auto Owners
General Motors Co. plans to start a pilot program this summer that will enable car owners to rent out their vehicles when they aren't using them, according to people familiar with the matter. The ...
Zurich’s Cover-More Accelerates Latin America Travel Insurance Expansion
Zurich Insurance Group is doubling down on plans to expand throughout Latin America. Weeks after agreeing to pay $409 million for the Latin American operations of Australian insurer QBE, the Swiss ...
Third Winter Storm in 10 Days Menaces East Coast
The third winter storm in 10 days is bearing down on the East Coast, threatening to coat New York City with several inches of snow and dump more than a foot on Boston. New York could get 2 to 4 ...
Willis Towers Watson Sees Small U.S. Commercial Insurance Price Uptick in Q4
Another market analysis has determined that average U.S. commercial insurance pricing nudged slightly in the 2017 fourth quarter. Willis Towers Watson's latest Commercial Lines Insurance Pricing ...
Yahoo Data Breach Victims Allowed to Sue in the United States
Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches. In ...
$80 Billion: The Price Tag for UK, EU Companies With a No-Deal Brexit
Companies in Britain and the European Union face an extra 58 billion pounds ($80 billion) in annual costs if there is a no-deal Brexit, with Britain's vast financial sector set to be the worst-hit ...
The Latest Launches From Hiscox and Willis Towers Watson
Hiscox said it has added new coverage options to its insurance policy for U.S. businesses in the mental health industry. Willis Towers Watson developed a new product that provides finance and risk ...