Treasury Troubled by Smaller Firms Not Buying Cyber Insurance February 18, 2015 By Mark Hollmer While the overall cyber risk insurance market is growing tremendously, larger corporate clients have driven much of the expansion. Smaller...
11.4 Million People Enroll Under Affordable Care Act: Obama February 18, 2015 By Alex Wayne About 11.4 million people signed up for Obamacare or renewed their coverage for 2015, raising the possibility that enrollment may...
Calls for Safety Upgrades Follow West Virginia Oil Train Crash February 18, 2015 By Patrick Rucker A fiery oil train derailment in West Virginia this week exposes lax safety standards and strengthens the case for tougher...
Judge Could Weaken GM’s Bankruptcy Liability Protection February 18, 2015 By Nick Brown A judge said on Tuesday that if General Motors Co is found to have violated car owners’ constitutional rights by...
RSA Sells 26% Holding in India’s Royal Sundaram Alliance Insurance February 18, 2015 RSA Insurance Group plc announced that it agreed the sale of its 26 percent holding in Indian insurer Royal Sundaram...
Allianz’s El-Erian Cites ‘Illusion of Liquidity’ as Biggest Market Risk – CNBC February 18, 2015 Mohamed El-Erian, chief economic adviser at Allianz SE, said Tuesday that Ukraine and Greece are major market risks, but that...
Reinsurers’ Shopping Spree Won’t Slow Down Falling Rates – S&P Report February 18, 2015 In a recent report Standard & Poor’s Ratings Services said it anticipated further mergers and acquisitions in the global reinsurance...
A.M. Best: European (Re)Insurers Face Pressure Points; Ratings Are Stable February 18, 2015 The recent unveiling by the European Central Bank (ECB) of its large-scale sovereign bond buying program is just one of...
ING to Sell $1.2 Billion Stake in NN Group in Stock Offering February 18, 2015 By Kim McLaughlin ING Groep NV, the biggest Dutch financial services company, is cutting its stake in NN Group NV by selling shares...
Insurance Australia Shares Drop Most in Six Years After Profit Decline February 18, 2015 By Narayanan Somasundaram Insurance Australia Group Ltd. shares slumped the most in six years after the company’s first-half profit declined and missed expectations....