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Gates, Buffett Top Forbes Rich List Again as Young Wealthy Play Catch Up
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts, according to ...Henderson Plans $623 Million of Offices in London Insurance Hub
Henderson Global Investors Ltd., the manager of $108 billion in assets, plans to build an office complex capped by a 34-story tower in the City of London financial district as developers tap the ...
AXA’s CEO Invites Fed Taper as End of ‘Financial Repression’
AXA SA Chief Executive Officer Henri de Castries said France's largest insurer would welcome steps the U.S. Federal Reserve to scale back monthly asset purchases that have depressed bond yields. "One ...
Loeb Reinsurer Faced SEC Push to Improve Investment Disclosure
The U.S. Securities and Exchange Commission pushed a reinsurer co-founded by billionaire hedge fund manager Dan Loeb to provide more information about investments ahead of last month's initial public ...
Wrecked Cruise Ship Costa Concordia Raised off Rocks in Italy
Salvage crews completed raising the wreck of the Costa Concordia in the early hours of Tuesday morning after a 19-hour-long operation on the Italian island of Giglio where the huge cruise liner ...
Fitch Upgrades CNA’s Ratings to A; Outlook Stable
Fitch Ratings said Monday that it upgraded the insurer financial strength ratings of CNA's property/casualty insurance subsidiaries to "A" from "A-minus," explaining that steady improvements in ...
Present Day Impact of Great New England Hurricane: Karen Clark & Co.
The Great New England Hurricane of 1938 would cost insurers $35 billion if it happened today, according to a report released by catastrophe risk experts Karen Clark & Co. (KCC) on the 75th ...
Financial Stability Board’s Report Misses the Mark: PCI Executive Perspective
In the United States, football season has just arrived. In Europe, football season has been underway since August. While both are sports and both sports are called "football," they couldn't be more ...