International
RSA Starts Irish Probe, Says Issues Probably Isolated to Unit
RSA Insurance Group Plc, which suspended three of the top executives at its Irish unit late last week, said it commissioned an independent investigation into issues the company expects will be ...
Thousands Feared Dead from Typhoon Haiyan; Tsunami-like Surge Levels Houses
One of the most powerful storms ever recorded may have killed at least 10,000 people in the central Philippines, a senior police official said on Sunday, with huge waves sweeping away coastal ...
RMS: Super Typhoon Haiyan Could be Strongest-Ever Tropical Cyclone
Super Typhoon Haiyan has made landfall over the Philippines as a strong Category 5 storm and is likely to be the strongest tropical cyclone to make landfall on record anywhere in the world, RMS said ...
Typhoon Slams Into Philippines; Possible Insured Damage $2B
Super Typhoon Haiyan, this year's most powerful cyclone, slammed into the central Philippines, killing at least three people, cutting power and communication lines and knocking down trees. Two people ...Super Typhoon Haiyan Slams Philippines with Category-5 Power
Super Typhoon Haiyan, the equivalent of a Category 5 hurricane, slammed into the Philippines today after forcing thousands of people to evacuate. Haiyan had top winds of almost 196 miles (315 ...
AIR Estimates Windstorm Christian Insured Losses Could Exceed $3B
Catastrophe modeling firm AIR Worldwide estimates that insured losses from Windstorm Christian (known as St. Jude in the UK) will range between EUR 1.5 billion and EUR 2.3 billion ($2.0 billion and ...
Towers Watson Completes Sale of Reinsurance Business for $250M
Towers Watson & Co. said Wednesday that it has completed the sale of its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC for $250 million but plans to continue working with its ...
EU to Fine Banks Billions Over Rate Rigging
A number of finance firms, including Royal Bank of Scotland and Rabobank face billions of euros in fines next month from European Union regulators for colluding on global benchmark interest rates, ...