International
James River IPO Could Raise Up to $288 Million
James River Group Holdings Ltd, a Bermuda-based insurance holding company, filed for an initial public offering of common shares that would raise up to $288 million. Hedge fund D.E. Shaw & Co ...
Zurich Insurance CFO Sees the Market Environment as ‘Getting Tougher’
Zurich Insurance Group AG, Switzerland's biggest insurer, reported third-quarter profit that missed analysts' estimates as income from general insurance fell while taxes rose. Net income fell to $928 ...
Virgin Galactic Crash Could Help Trigger Aviation Rate Hikes: A.M. Best
Aviation insurance could get more expensive in the coming months, thanks in part, to the recent crash of the Virgin Galactic test flight and the NASA Antares rocket explosion A.M. Best concluded in a ...
Corporate Boards Making Progress on Gender Equality: Thomson Reuters
A new study on gender diversity in the boardroom shows a slow but steady increase in the presence of women on corporate boards over the past five fiscal years, with 64 percent reporting women board ...
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 ...