News
Zurich Insurance ‘Confident’ About Reaching Improved Profitability Target
Zurich Insurance Group AG, Switzerland's biggest insurer, said it is still "confident" its non-life unit can improve a profitability target with cost cutting after it announced in August it may miss ...
Swiss Re Sees Emerging Market Infrastructure Construction Boosting Premiums
Swiss Re Ltd., the world's second- biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in emerging markets through 2030 may translate into $68 billion in ...
PwC Gobbles up Booz & Co as Big 4 Rebuild in Consulting
PricewaterhouseCoopers said on Wednesday it agreed to buy Booz & Co., ratcheting up an aggressive move by large audit firms back into the lucrative consulting business more than 10 years after ...
Obama to Announce Effort to Lure Foreign Businesses To U.S.
President Barack Obama is to tout investment opportunities on Thursday when he announces Washington is expanding its efforts to entice foreign firms to bring jobs to the United States, administration ...
S&P Ups XL Rating to A+; 3Q Earnings Fall on Large Losses
Standard & Poor's boosted the financial ratings of the operating subsidiaries of XL Group to A+ on Tuesday, providing external affirmation of positive progress made over the last five years. ...
Oklahomans Urged to Buy Earthquake Insurance
Oklahoma's insurance commissioner is advising residents to purchase earthquake insurance after a national report suggested that seismic activity in the central part of the state is here to stay. ...
Sandy Facts ‘n Figures
Superstorm Sandy made landfall as a post-tropical cyclone on the U.S. East Coast October 29, 2012 after cutting a destructive path through the Bahamas, Cuba, the Dominican Republic, Haiti, Jamaica ...
Reinsurers Target Regional Carriers as Alternative Capital Lures National Accounts
Regional and super-regional carriers may start getting more attention from reinsurers in advance of Jan. 1, 2014 renewals, a broker representative predicted recently. During the PCI Annual Meeting in ...