Chemical contamination will hike the insurance bill for last month's blasts in the Chinese port of Tianjin, insurance specialists say.» Read More
Nick Hungerford, CEO of Nutmeg, discusses Zurich Insurance, which may be considering a takeover bid on British insurer RSA.
July 28- Willis Group Holdings Plc, the world's oldest insurance broker, reported a 21 percent jump in second-quarter profit, helped by a lower tax rate, higher fees from South America and China, and acquisitions. Willis' commissions and fees rose 5.3 percent on an underlying basis and 1.6 percent organically, boosted by double digit growth in China and South...
*Most insurers in Reuters survey say Iran attractive market. LONDON/ SYDNEY, July 26- Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear deal with world powers, though uncertainty over when sanctions on Tehran will be lifted means they are treating the country with caution. Under the accord reached...
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.
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.