NEW YORK, July 17- Insurance on the Malaysian airliner brought down over Ukraine is likely to pay out relatively quickly if the cause of the crash is determined, but observers say insurance for the loss of 298 lives and other liability could be complex and lengthy.» Read More
LONDON, April 8- Energy companies have no insurance against major cyber attacks, reinsurance broker Willis said on Tuesday, likening the threat to a "time bomb" that could cost the industry billions of dollars.
March 21- Canadian private equity investment firm Onex Corp said it would sell The Warranty Group, a provider of extended warranty contracts, to an affiliate of TPG Capital Management LP for an enterprise value of about $1.5 billion. Onex bought The Warranty Group from insurance broker Aon in 2006 for $710 million.
American International Group posted earnings excluding items of $1.15 per share on revenue of $8.62 billion, beating Wall Street estimates.
Obamacare is about to be put to its biggest test: how many uninsured will enroll? Surprisingly, much of its success rests in brokers' hands.
Wendy Liu, China Equity Research at Nomura expects Chinese equities will continue to climb higher between now and November.
Dieter Wemmer, CFO of Europe¿s largest insurer, Allianz SE, tells CNBC that the company has drafted a their business model well to succeed in a low growth European environment.
Hank Greenberg, the former head of insurance giant AIG, tells CNBC about building AIG from a small domestic insurance company into the mammoth global player that it became.
Bond insurer MBIA and Bank of America have reached a settlement in an ongoing legal dispute, and BofA will pay MBIA $1.6 billion, the companies said on Monday.
Insurers know that extreme weather has become the new normal but a new survey says that many firms are not prepared for future super storms.
Whether your car insurance carrier charges you more depends on your age, recent driving record and even your credit score. Here's what you should know.
Christmas gifts like trampolines, treehouse kits and certain breeds of puppies will please the kids, but cause homeowner's insurance agents to cringe.
As more people in China get wealthier, many are looking for ways to better protect their health and belongings. CNBC's Eunice Yoon takes a look at the state of insurance in China.
Allstate Chairman, President & CEO Thomas Wilson, discusses his take on the fiscal cliff negotiations, and the $1.1 billion costs his company faces after Hurricane Sandy.
U.K. insurance group Lloyd’s of London, which comprises nearly 90 syndicates, reported an interim profit of 1.53 billion pounds ($2.48 billion) for the first six months of the year after a lack of major claims from natural catastrophes.
Tidjane Thiam CEO Prudential says the company see Asia as central to their growth and they are seeing infinite demand for their products.
These are critical moments for the company. The $440 million trading loss they announced this morning likely wiped out all the cash on the balance sheet, and they need cash to keep the company running.
Gene Simmons, Kiss, discusses his new venture that combines low cost loans with ways to finance life insurance policies for wealthy clients.
Many financial institutions are ready to take a hit on Greek debt, but are wondering where the "line in the sand" will be drawn, Andrew Moss, Aviva CEO, told CNBC.
Aviva is exposed to Ireland, Spain and Italy because it has large life insurance businesses there, Andrew Moss, Aviva CEO, told CNBC. He added that overall, he was comfortable with these exposures.
Jonathan Tepper, Chief Editor of Variant Perception and fund manager at Hinde Capital, joined CNBC to discuss Lloyd's of London's $1 Billion Loss.