**Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. **FirstEnergy Corp said on Thursday it would sell four gas-generating plants in Pennsylvania and portion of a Virginia hydroelectric power station to a...
Jan 19- Insurance broker Aon Plc is in advanced talks to sell its employee benefits outsourcing unit to buyout firm Clayton Dubilier& Rice LLC for nearly $4.5 billion, people familiar with the matter said on Thursday. The divestiture would undo much of Aon's 2010 acquisition of human resources services provider Hewitt Associates Inc for $4.9 billion,...
*Ships exposed through GPS systems, have limited back-up. *Cyber insurance typically doesn't cover jamming, property damage. LONDON, Jan 12- Shipping companies grappling with the threat of cyber attacks on vessels are finding insurance policies often fall short, officials involved in both industries say, a risk that could feed through into global prices.
Although it's important to have insurance to protect against risk, there is a cost — not just in dollars — to carrying too much coverage.
Most people know they need home, auto and health insurance, but confusion arises with non-required coverage, such as long-term care.
Whether married or single, already a parent or not, millennials should consider buying life insurance as part of sound financial planning.
Start-ups, such as Lemonade and Teambrella, are using peer-to-peer strategies to disrupt to the trillion-dollar insurance industry.
Umbrella liability insurance is crucial for anyone looking to protect assets and nest eggs from lawsuits and litigious fortune hunters.
Jonathan Bell, chief investment officer at Stanhope Capital, says concerns about insurers and Brexit are overdone by market watchers.
Retirement planning involves more than just managing your budget and growing savings; you need to protect assets by having adequate insurance.
Insurtech may be a new concept for investors, but it’s attracting big names like Warren Buffett.
Software company Zenefits is being investigated by the California Department of Insurance over questions about its business practices.
AIG reported a larger-than-expected quarterly loss and that it is adding a Carl Icahn-linked board member.
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.
The CEO of Puerto Rican insurance company Ambac fired back at his critics in an exclusive interview with CNBC.
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.