LONDON, June 18- Insurers should not be forced to hold extra capital just because of their size, because the extra cost would simply be passed on to consumers, U.S. regulators said on Tuesday. The U.S. Financial Stability Oversight Council will publish its own list shortly of systemic U.S. insurers.» Read More
*China Life Insurance hit by Credit Suisse downgrade. HONG KONG, Jan 17- Mainland Chinese shares retreated further on Thursday from a 7-1/ 2- month high struck two days earlier, weighing on Hong Kong markets, with growth-sensitive counters leading the slide ahead of a slew of major Chinese economic data due on Friday.
*China Life Insurance hit by Credit Suisse downgrade. HONG KONG, Jan 17- Onshore China shares retreated further from a 7-1/ 2- month high on Thursday, reversing early Hong Kong gains, with growth-sensitive counters leading the slide ahead of a slew of major Chinese economic data being released on Friday.
TOKYO, Jan 16- Japanese government bond prices rose on Wednesday, with benchmark yields falling to a four-week low, as a sharp pullback in Japanese stocks and heightening anticipation of more Bank of Japan stimulus lifted sentiment.
TALLAHASSEE, Fla., Jan 10- In a dramatic about-face, Florida's health agency now says the cost to state taxpayers of expanding Medicaid under President Barack Obama's healthcare reform law would be barely more than a tenth of its original estimate.
HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.
BEIJING/ HONG KONG, Jan 8- HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank voiced concerns over funding for the deal, sources told Reuters.
Jan 8- The Federal Reserve has granted MetLife Inc a third extension to submit its capital plan as the insurer moves closer to completing the sale of its deposit-taking business to a unit of General Electric Co's GE Capital. MetLife has a bank holding charter because of its online banking business and is therefore overseen by the Fed.
HONG KONG, Jan 8- Hong Kong shares are set to start lower on Tuesday dragged by a 1.1 percent loss for China Life Insurance, topping losses among Chinese financials among Hang Seng Index components. The Hang Seng Index was set to open down 0.3 percent at 23,264 points.
Jan 4- With the fiscal cliff avoided and U.S. tax rates rising for higher income households, financial advisers have gone into overdrive to help their clients mitigate the negative effects while trying to benefit from the greater clarity.
WASHINGTON, Jan 4- It is not easy if you have. dedicated most of a journalism career to writing about money to read "Pound Foolish: Exposing the Dark Side of the Personal Finance Industry." This new book by New York journalist Helaine Olen surveys all that she believes is wrong with the financial advice industry.
The Affordable Care Act will go far to rescue the generation hardest hit by rising health-care costs, including 8.6 million Boomers without health insurance.
Americans are largely satisfied with the way their health benefits are chosen and paid for, but wish they had more flexibility, according to a new survey from the Employee Benefit Research Institute.
Income-based premium hikes are likely part of any budget deal, and would eventually affect one in four retirees.
Only 15 states have told the federal government they plan to operate health insurance exchanges under President Obama's reform law.
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.
Scott Russell, Head of Insurance Research, Asia, Macquarie says the Chinese property & casualty space is performing better than life insurance. He is positive on PICC's debut in Hong Kong, but prefers its subsidiary PICC P&C.
Bruno Pfister, CEO of insurance company Swiss Life, tells CNBC that they are not wearing rose colored glasses when it comes to the medium term outlook and are cutting 300 to 400 jobs at the company.
The owner of Olive Garden and Red Lobster restaurants is putting more workers on part-time status in a test aimed at limiting the impact of looming requirements under Obamacare.
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.
According to recent U.S. Justice Department statistics, art crime is an industry estimated at $6 billion — surpassed only by drug and gun trafficking trades.