Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices. » Read More
China's slowing economy and market rout may capture headlines, but the mainland's debt load is a bigger worry, said top China banking analyst Charlene Chu.
SYDNEY/ LONDON, Jan 24- Global insurance firms are circling Iran for business opportunities following the lifting of sanctions- and the first test of their appetite could come in March when some Iranian companies seek new cover. Insurers, the reinsurers that share their risk and the brokers that forge deals are exploring ways to tap a market worth $7.4 billion in...
The CEO of Puerto Rican insurance company Ambac fired back at his critics in an exclusive interview with CNBC.
Dec 16- Wells Fargo& Co is restarting efforts to expand its insurance brokerage business through acquisitions after previously announced M&A aspirations did not pan out. Laura Schupbach, evp and head of Wells Fargo Insurance, said she "hit the pause button" on plans to do deals after she determined when taking the reins of the business four years ago that existing...
*Paris businesses likely to make successful insurance claims. PARIS/ LONDON, Nov 24- Parisian businesses struggling after the Nov. 13 attacks are likely to be able to make successful insurance claims, helped by a state-backed fund set up in the wake of the Sept. 11 2001 attacks in New York. The carnage in Paris could spur demand for insurance against terrorism, as...
Nov 18- Towers Watson& Co adjourned a shareholder meeting on Wednesday after it failed to muster enough support for its $18 billion merger with insurance broker Willis Group Holdings, according to two people familiar with the matter. Towers Watson now plans to reconvene the shareholder meeting on Friday, according to the two sources, who spoke on condition of...
90 percent of Asian consumers believe they lack the financial resources to fund their future care needs, according to a new survey from Swiss Re.
Mark Wilson, CEO of Aviva, explains why Europe's insurance companies are able to compete internationally.
Chemical contamination will hike the insurance bill for last month's blasts in the Chinese port of Tianjin, insurance specialists say.
William Hardcastle, director of Twelve Capital, says there are strong solvency ratios within the insurance sector.
Nick Hungerford, CEO of Nutmeg, discusses Zurich Insurance, which may be considering a takeover bid on British insurer RSA.
New tech startups are leveraging the power of your social network to return insurance back to its communal risk sharing origins.
With Puerto Rico saying it can't pay its $72 billion debt, bond investors worry whether bond insurers can cover a looming default.
Investment opportunities for average investors and lower premiums might be coming to the insurance market as tech moves in.
John Hancock aims to use wearables to track policyholders' activity, using the information to provide differential pricing on insurance policies.
Dan Loeb has a new bet on a Greek recovery, insurance company Hellas Direct.
Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded.
With hurricane season just around the corner, extreme weather outbreaks may put disaster preparedness and recovery plans to the test.
American International Group delivered quarterly revenue that missed analysts' expectations on Monday.
American International Group posted earnings excluding items of $1.15 per share on revenue of $8.62 billion, beating Wall Street estimates.