All four major European reinsurers reported a strong improvement in earnings for the nine months, compared to the same period last year, according to a report from Fitch Ratings. Sharply lower non-life, coronavirus-related claims, strong premium growth and resilient investment …
GLASGOW – U.N. climate talks ended Saturday with a deal that for the first time targeted fossil fuels as the key driver of global warming, even as coal-reliant countries lobbed last-minute objections. While the agreement won applause for keeping alive …
Rising after a hard knock can be wrenching, but for Claudette Price _ who has just endured her fourth punch _ accepting defeat is not an option. In the three years she has been the leasing manager for the Claire …
GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the next two years in the hunt for yield, as they add more money to environmentally focused investment funds, BlackRock Inc …
DUBAI — The General Reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc has set up a Middle East office in Dubai, Dubai International Financial Centre (DIFC) said on Monday. Gen Re will provide life and health reinsurance services across the …
BENGALURU – Paytm’s $2.5 billion initial public offering (IPO), India’s largest, was oversubscribed at the close of bidding on Wednesday, although investors showed less enthusiasm than for some other tech firms that have ridden the country’s IPO boom. The company, …
The Louisiana insurance commissioner is seeking a government takeover of Access Home Insurance Co. and State National Fire Insurance Co., two regional insurance companies that are facing insolvency due to losses from Hurricane Ida to ensure the company’s policyholders are …
The Georgia Insurers Insolvency Pool’s demand for a refund from an injured worker must first be addressed by the state workers’ compensation board, the Georgia Court of Appeals has decided. The comp board should now decide if Victoria Palmer, who …
What happens when a worker’s injury needs follow-up surgery many years later, requiring the employee to miss months of paychecks? In Florida, he’s probably out luck if he’s hoping for workers’ compensation wage-loss benefits. But the law that created that …
Johnson & Johnson on Friday said it would split into two companies , hiving off its consumer health division that sells Band-Aids and Baby Powder from its pharmaceuticals and medical devices business. The separate companies will have to divide up …
