International
After 13 Years, Europe Appears Ready to Adopt Solvency II Insurance Regulations
Europe may be nearing an agreement on rules that aim to make insurance companies safer after 13 years of wrangling between politicians, companies and regulators. Insurers and European Union officials ...
No Major Ratings Impact from Typhoon: A.M. Best
A.M. Best expects Super Typhoon Haiyan to be an earnings event for reinsurers, but gross losses are not expected to exhaust reinsurance capacity, the rating agency said on Tuesday. While Haiyan was ...
Flaws Seen in Philippine Disaster Prep, Response
Hours before Typhoon Haiyan hit the Philippines, authorities had evacuated 800,000 people and sent them to sturdy evacuation centers—churches, schools and public buildings. But the brick-and-mortar ...
Haiti, Philippines Suffered Most from Climate-Related Disasters
Haiti and the Philippines suffered the biggest climate-related disasters last year, a study showed as United Nations envoys from 195 nations discussed ways to assist countries coping with the impacts ...
Multinational Ratings Agency to Launch as Alternative to Big Three
Credit ratings organizations from five countries are launching a new global agency, touting it as an alternative to the Big Three agencies, which they say no longer meet the needs of the new ...
U.S. to Become World’s Top Oil Producer in 2015: IEA
The United States will stride past Saudi Arabia and Russia to become the world's top oil producer in 2015, the West's energy agency said, bringing Washington closer to energy self-sufficiency and ...
New UK Financial Regulators Face Surge in Staff Turnover: Reuters Analysis
Staff have been quitting Britain's financial watchdogs at nearly twice the rate since they were split into two bodies this year, data seen by Reuters shows, at a time when experts warn of a ...