• The challenges highlight the difficulties that bailed-out Banco Espirito Santo and its successor Novo Banco face as they try to recover some of the family's massive debts.

  • Where you can find the best—and worst—drivers Friday, 29 Aug 2014 | 8:07 AM ET
    Boston, Massachusetts.

    Drivers beware on New England roads! Five of the region's cities rank in the Top 10 worst for accidents, according to Allstate Insurance.

  • Twenty-one firms apply to underwrite Japan Post IPO Friday, 29 Aug 2014 | 3:29 AM ET

    TOKYO, Aug 29- Twenty-one companies have applied to underwrite Japan Post's initial public offering scheduled for 2015, which market participants expect to raise almost $10 billion for the government. State-owned Japan Post provides post office, insurance and banking services and is the country's largest savings institution.

  • Japan's death tax: Awkward topic but critical Thursday, 28 Aug 2014 | 8:04 PM ET
    During the 'Obon' festival in Japan, an old man pays respects to his ancestors at a local neighborhood cemetery.

    Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded.

  • Prognosis pushed AIG's CEO to resign early: Report Thursday, 28 Aug 2014 | 10:48 AM ET
    Robert Benmosche, CEO and president of AIG.

    AIG CEO Benmosche learned in May that he had less than a year to live, leading to his decision to resign earlier, Bloomberg Businessweek reported.

  • FRANKFURT, Aug 28- The Ukraine crisis and its impact on relations between Russia and the West is crimping German growth and could lead to a rise in manufacturing sector insolvencies in the second half of this year, credit insurer Euler Hermes said on Thursday.

  • NAPA, Calif. Aug 28- During Sunday's 6.0 magnitude earthquake, some $75,000 worth of bottles of wine, rum and whiskey flew off the shelves of Aiyaz Masani's liquor store in Napa, California.

  • AMSTERDAM, Aug 28- SNS Reaal, the Dutch financial services group nationalized last year, said international and domestic parties had expressed interest in its insurance operations which will go up for sale in September.

  • Regulators decided on Aug. 3 to put its healthy assets into a new entity, Novo Banco, and leave family borrowings, shareholders and junior creditors behind in BES.

  • Hong Kong shares slip on profit-taking, poor earnings Wednesday, 27 Aug 2014 | 4:11 AM ET

    HONG KONG, Aug 27- Hong Kong shares finished lower on Wednesday, hit by afternoon session losses as investors took profit on recent outperformers and sold shares in companies with weak earnings. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong was down 0.5 percent, snapping a three-day winning streak.

  • The session will include bond insurers that guaranteed payment on the COPs- Syncora and Financial Guaranty Insurance Co.. In an Aug. 12 court filing, Syncora lashed out at mediators, including Rosen, who brokered the grand bargain, which is also aimed at protecting the museum's artwork from being sold to pay Detroit creditors.

  • Farmers counting on corn     Tuesday, 26 Aug 2014 | 8:35 AM ET

    There's a new type of insurance coverage in the Farm Bill which may protect the farmer if corn prices fall but some farmers are reluctant to buy new equipment when profits drop, reports CNBC's Jane Wells.

  • Hong Kong shares weaken despite strength in oil sector Tuesday, 26 Aug 2014 | 4:09 AM ET

    HONG KONG, Aug 26- Hong Kong's benchmark share index finished lower on Tuesday, as weakness in a few heavyweight stocks canceled out strength in oil companies. Asia insurance giant AIA Group lost 0.9 percent. PetroChina climbed 2.4 percent and CNOOC 0.7 percent.

  • 90% of Calif. residents lack earthquake coverage Monday, 25 Aug 2014 | 2:41 PM ET
    Napa County firefighters spray foam on hot spots from a fire at a mobile home park after an earthquake on Aug. 24, 2014 in Napa, Calif.

    The 6.0-magnitude earthquake that struck California on Sunday could cause more $1 billion in losses and the majority of residents will be on their own.

  • TOKYO, Aug 25- Tokyo stocks rebounded on Monday morning, spurred by gains for exporters as the yen weakened to a seven-month low against the dollar after a gathering of central bankers underlined the diverging paths of interest rates in Japan and the United States. rose 0.2 percent to 15,569.57 points.

  • 10 most stolen vehicles—Is your car on the list? Saturday, 23 Aug 2014 | 7:00 AM ET

    Two popular cars were once again on the top of the National Insurance Crime Bureau's list of most stolen vehicles.

  • HONG KONG, Aug 22- A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concern about food safety in China.

  • HONG KONG, Aug 22- A Chinese retailer is offering insurance to customers who buy infant milk powder, highlighting the lengths to which companies are going to address concerns about food safety in China.

  • NEW YORK, Aug 20- Some doctors really mean it when they say they do not take health insurance. For others, it is more of a nuanced statement. "The burden of getting the forms right and getting all the paperwork is placed on the physician," says Dinah Miller, a psychiatrist who practices in Baltimore and co-authors a blog called Shrink Rap. "

  • What's behind Ping An's strong H1 earnings     Tuesday, 19 Aug 2014 | 8:11 PM ET

    Lee Yuan Siong, Senior Vice President & Chief Insurance Business Officer at Ping An Insurance, says strong performances in all 3 of its businesses boosted the firm's first-half profits.

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