News
Generali Will Sell Asset Manager BSI Group: CEO
Assicurazioni Generali SpA, Europe's third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to boost capital. "We will sell BSI for sure, we have plenty ...
RSA Insurance to Sell Central, Eastern European Assets: Report
RSA Insurance Group Plc, the British insurer looking to raise capital, is planning the sale of assets in central and eastern Europe, according to three people familiar with the plan. RSA is close to ...
Reinsurer Downgrades Ahead, S&P Says; A.M. Best Says Sector Stable
Almost half of the global reinsurers rated by Standard & Poor's are "materially exposed" to competitive pressures, the rating agency said Monday, warning of negative rating actions to come for ...
Former PwC CEO Di Piazza Elected to ProAssurance Board
The board of directors of ProAssurance Corporation has elected Samuel A. Di Piazza, Jr. to the Board. Di Piazza has most recently been the Vice-Chairman in the Institutional Clients Group of Citi, a ...
FSOC Scrutinizing Buffett’s Berkshire for Systemic Risk Potential
Regulators are starting to scrutinize Warren Buffett's Berkshire Hathaway Inc. to determine whether it is important enough to the financial system to require Federal Reserve supervision, according to ...
Reinsurance Costs Helping to Lower Florida Homeowners Rates: OIR
Florida's top insurance regulator says that state residents are starting to benefit from a more competitive homeowners market as rates have started to trend downward due in part to the reduction in ...
China Pollution Traveling to U.S., Study Reveals
Pollution from China travels in large quantities across the Pacific Ocean to the United States, a new study has found, making environmental and health problems unexpected side effects of U.S. demand ...