International
Carlyle Group Pulls in $3.9B For Massive Asia Investment Fund
Carlyle Group, one of the world's largest private equity firms, said on Monday it has closed its fourth Asia fund at $3.9 billion, the second-largest private equity fund ever raised for Asia ...
World Economies Lag in C02 Reductions to Slow Climate Change: PwC
The world's major economies are falling further behind every year in terms of meeting the rate of carbon emission reductions needed to stop global temperatures from rising more than 2 degrees this ...
High-Risk Industries Face More Liability Issues in Wake of BP Ruling
A U.S. court ruling that dramatically ramped up BP Plc's potential penalties for the 2010 Gulf oil spill could create new liability risks not just for deep water drillers but also for other ...
From Earthquakes to Typhoons, August Was a Tough Weather Month
As far as natural perils go, it was mostly about earthquakes in August, with a few tropical storms and typhoons around the world to add to the trouble, according to Aon Benfield's Impact Forecasting ...
Loeb’s Third Point Re Shares Challenged While Hedge Fund Thrives
Dan Loeb's foray into the reinsurance industry is proving to be more volatile for investors than his hedge-fund returns. Third Point Reinsurance Ltd., a Bermuda-based firm that relies on the ...
Report: Apple to Address Some iCloud Security Concerns
Apple Inc is planning additional steps to keep hackers out of user accounts in the face of the recent celebrity photo scandal, but denied that lack of security allowed intruders to post nude ...
Aspen Names New Reinsurance CEO
Aspen Insurance Holdings Ltd. - fresh from successfully rebuffing an M&A bid from a Bermuda reinsurance rival - has named a new leader of its reinsurance arm. The company said that Stephen ...
S&P: Reinsurers Downplay Climate Change at Their Own Risk
Reinsurers must not take climate change for granted or underestimate its impact. If they do, they risk dealing with higher levels of catastrophic risks that fall way outside of their financial ...