Aon Touts Sidecar with Berskhire Hathaway That Was Criticized by Lloyd’s April 10, 2014 By Sarah Jones Aon Plc, the broker that was criticized by Lloyd’s of London for a deal with Warren Buffett’s Berkshire Hathaway Inc.,...
London’s Office Boom Revives Talk of Building Tallest Skyscraper April 9, 2014 A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of...
European Insurers Shifting Investments Into Loan Market, Acting Like Banks: Moody’s April 9, 2014 By Shane Strowmatt European insurers such as Allianz SE and Axa SA are shifting investments into the loan market, taking business from banks...
Hannover Re Says Capital Allows Steady Dividend, Potential Acquisitions April 9, 2014 By Oliver Suess Hannover Re, the world’s third- biggest reinsurer, has sufficient capital to offer investors a steady dividend and pursue potential purchases,...
Dubai Sees Another Boom on Horizon, Promises Prudent Management April 9, 2014 By Mirna Sleiman Dubai told international bankers on Monday that it was gearing up for another boom and did not regret the pro-growth...
Brazilian Lender BTG to Launch Insurance Units in Latin America April 8, 2014 By Javiera Quiroga and Cristiane Lucchesi Grupo BTG Pactual SA, the Brazilian lender controlled by billionaire Andre Esteves, plans to start an insurance business in Chile,...
IMF Sees Global Growth Gaining Along with Rising Risks in Emerging Economies April 8, 2014 By Anna Yukhananov The International Monetary Fund on Tuesday predicted the global recovery would strengthen this year as output in richer nations picked...
70% Chance of El Nino Extreme Weather Event in 2014: Australian Meteorologists April 8, 2014 The chance of an El Nino weather event developing in 2014 now exceeds 70 percent, Australia’s Bureau of Meteorology said...
Hiscox Re Names Bakhshi, Thakrar Chief Officers April 8, 2014 Hiscox Re, the newly combined reinsurance operations of Hiscox, announced the appointments of Reeva Bakhshi as chief financial officer and...
China Relaxation of Insurance M&A Rules Could Invite More Global Firms April 8, 2014 China’s decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their...