News
Zurich Insurance Makes Conditional $8.8B Offer For RSA
RSA Insurance Group Plc rose in London after Switzerland's Zurich Insurance Group AG made a conditional offer to buy the company for about 5.6 billion pounds ($8.8 billion). The shares increased 4.8 ...
Asia Faces Increasing Windstorm Exposures: Allianz Global Corporate & Specialty
Asia is facing increased exposure to windstorm risks and is projected to be home to eight of the top 10 most exposed cities by 2070, according to a new risk bulletin by Allianz Global Corporate & ...
Uber Lobbies Heavily To Reshape Driver Regulations in California
Uber has spent more on lobbyists in California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model. The San Francisco company's lobbyists are ...
A.M. Best: China Explosion Insurer Costs Remain in Flux
Some industry watchers are trying to tally carrier claims costs following an Aug. 12 explosion at a key China port. A.M. Best cautions, however, that plenty of variables remain. Among them: the mass ...
Auto Insurers Risk ‘Credit Negative’ Label As Traffic Injuries Rise: Moody’s
With signs pointing to an ongoing rise in U.S. traffic injuries and deaths during the first six months of 2015, Moody's is warning that the trend is credit negative for auto insurers. Moody's ...
Ping An Insurance, Confronting China Slowdown, Boosts Overseas Assets
Ping An Insurance (Group) Co., China's second-largest insurer, is boosting overseas assets as the nation's slowing economy and falling interest rates make it difficult to find investments with ...
Lloyd’s of London Insurer Amlin Denies Rumors It is For Sale
Amlin Plc Chief Executive Officer Charles Philipps damped speculation that the Lloyd's of London insurer is looking for a buyer, saying the firm is strong enough to remain independent. "We are not ...
‘Event’ Needed to Boost International Insurance Pricing: QBE Group CEO
When Australia's QBE Insurance Group reported a 24 percent leap in first-half earnings last week, the leader of the company signaled the ability of the company to weather both natural catastrophes ...