News
New Online Tool Helps Predicts Risk For Deadly Coastal Hurricanes
When a hurricane comes ashore, there are so many dangers: tree-snapping winds, torrential downpours and even tornadoes spawned by the tempest itself. But it's the wall of water that tropical systems ...
Aspen’s U.S. Arm Realigns Casualty Business
Aspen U.S. Insurance, part of the insurance segment of Aspen Insurance Holdings Ltd., announced Thursday that it has realigned its casualty business to better serve broker partners and deliver ...
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 ...
Wells Fargo Acknowledges U.S. Mortgage Insurance Settlement Talks
Wells Fargo & Co said on Wednesday it is in discussions with the U.S. government to resolve a lawsuit accusing the nation's largest mortgage lender of cheating taxpayers by submitting ineligible ...
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 ...