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Best's Market Segment Report: Homeowners Insurers Endured Major 2017 Catastrophes
After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous...
9 hours ago - A.M. Best
Best's Market Segment Report: Jordan's Challenging Environment Constrains Profitable Growth
Insurance companies operating in Jordan face challenging market conditions, with competition eroding technical margins, coupled with exposure to political, economic and...
11 hours ago - A.M. Best
Abu Dhabi SWF picks up stake in Pension Insurance Corp
Abu Dhabi sovereign fund joins a select group of big international funds investing in buying up closed UK pension schemes
17 hours ago - eFinancial News
DIGITAL HEALTH BRIEFING: Consumers wary of Amazon's health insurance play - SAP adds child digital therapeutics diagnosis - Mobile diagnostic test shows promise
Welcome to DIGITAL HEALTH BRIEFING, the newsletter providing the latest news, data, and insight on how digital technology is disrupting the healthcare ecosystem, produced by...
4 days ago - Business Insider
Axa to Sell Health Care Broker to Private Equity Firms
Axa SA's U.K. health care broker agreed to sell its “whole of market” health insurance intermediary Health and Protection Solutions Ltd. to two private equity firms. The...
7 days ago - A.M. Best
Forget natural disasters: Man-made risks may cost global cities $320bn annually
Man-made threats including market crashes, cybercrime and interstate conflicts are a bigger threat to economic output than natural disasters, a survey from insurer Lloyd's has...
8 days ago - RT
Fraud and Misrepresentation Still a Challenge in Home Loan Applications
Depending on the financial situation of a buyer, the lending process-as well as underwriting-can be a lengthy one. While underwriting is a thorough practice that carefully...
10 days ago - RIS Media
Swiss Re Chief Economist: Regulatory Changes in China Should Boost Insurance Market
Clarence Wong, chief economist for Asia, Swiss Re, said new regulations allow for greater participation in China's market by foreign insurers and establish tax-deferred...
11 days ago - A.M. Best - 4 articles
People's Insurance Company of China Cleared to List on Shanghai Stock Exchange
The People's Insurance Co. of China Ltd. has received approval from the China Securities Regulatory Commission to list on the Shanghai stock exchange, according to a statement...
12 days ago - A.M. Best - 2 articles
Best's Market Segment Report: Was 2017 the Tipping Point for the Bail Bonds Industry?
As reform measures across the United States significantly diminish or eliminate the need for defendants to post cash bail, the business currently handled by bail bonds agents...
12 days ago - A.M. Best
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The headlines of Business Mag
Starbucks sinks after announcing a weaker-than-expected sales forecast and...
Starbucks shares fell in after-hours trading Tuesday after the coffee chain's same-store sales forecast for the third quarter missed forecasts. Starbucks announced plans to...
Here's the pep talk the CEO of bitcoin exchange Coinbase gave to new hires...
$1.6 billion cryptocurrency exchange Coinbase became a prominent name as the price of bitcoin surged toward $20,000. But now that bitcoin is valued around $6,700, some people...
'No one wins from a trade war' - A $2.5 billion portfolio manager explains...
Major US equity indexes dropped more than 1% Tuesday as President Donald Trump threatened an all-out trade war with China. Kevin Caron, a senior portfolio manager at Washington...
The Dow erases its 2018 gains as Trump moves closer to an all-out trade war...
Global markets shuddered Tuesday after President Donald Trump threatened tariffs on billions of dollars worth of goods from China, putting the world's largest economies on the...
Oracle stock is soaring following a major earnings beat
Oracle shares shot up 4% in after-hours trading Tuesday, following a major beat for the company in its fourth quarter 2018 earnings. "Last year, I forecast double-digit...
Auto stocks slide as Trump threatens even more taxes on Chinese imports
President Donald Trump asked his administration to draft a new list of $200 billion worth of Chinese imports to tax. The potential new tariffs come less than a week after the...
The dollar hits an 11-month high as US-China trade dispute heats up
The dollar rose Tuesday to its highest level since July 2017. A US-China trade fight is raising fears of faster inflation and rate hikes. Follow the greenback in real time...
Tesla sinks after Elon Musk says an employee conducted 'sabotage' and Trump...
Tesla CEO Elon Musk said a former employee conducted damaging sabotage against the company. The news comes amid a wide-ranging restructuring program that has resulted in...
The CEO of Europe's largest airline explains how his company is thriving in...
Lufthansa Group had the best year in company history in 2017. Profits surged more than 33% to $2.74 billion and operating cash flow jumped more than 55% to $5.8 billion year...
Sneaker market GOAT hires COO Lizzie Francis and makes a play for women...
GOAT, the secondary marketplace for sneakers that recently merged with Flight Club , is announcing a new hire. Lizzie Francis will join the company as Chief Operating Officer...