News
P/C Insurers Turned Profit On Underwriting In Q1; First Since Q42009
First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers' net income after taxes ...
Bondholders Would Lose More Than $1 Trillion If Yields Spike: BIS
Bondholders in the United States alone would lose more than $1 trillion if yields leap, showing how urgent it is for governments to put their finances in order, the Bank for International Settlements ...
Study Opens New Cracks In Scientific Front On Climate Change: Opinion
A major recent study has put the cat among the pigeons on climate change, challenging the size of the problem in the near-term and the role of a recent slowdown in warming. The paper, published in ...
The Rise Of The Winner-Take-All Economy: Reuters Column
The rich are getting richer. That's the conclusion of the World Wealth Report, the landmark annual study of the world's millionaires, which was released last week by RBC Wealth Management and ...Google Receives U.K. Ultimatum To Remove Street View Data
Google Inc., operator of the world's largest Internet search engine, was given 35 days by the U.K.'s data protection watchdog to remove wireless-network data collected by its cars for its Street View ...
Fracking Pollution In Wyoming Cast In Doubt As EPA Drops Probe
The only finding by U.S. regulators of water contamination from fracking was thrown into doubt Friday when the federal government halted its investigation and handed the probe over to the State of ...
Insurance Costs Climb With Ocean Temps: Geneva Association Report
There's only one direction for insurance costs related to climate events to move in the years ahead—upward, according to a report published today about the implications of ocean warming for the ...