BEIJING (Reuters) – China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech stocks, encouraging …
By Reshma Rockie George (Reuters) – J.P.Morgan on Thursday said supply chain disruptions from a potential United Auto Workers (UAW) union strike would cut new …
By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry stress test showed large insurers …
By Jonathan Saul LONDON (Reuters) -Insurers are reviewing whether to freeze cover for any ships willing to sail to Ukraine after Russia on Monday quit …
Republican Gov Signs Law Mandating Insurers Cover Sex-Change Procedures For Minors Katelynn Richardson on June 13, 2023 Republican Nevada Governor Joe Lombardo signed a law …
California Blames ‘Climate Change’ For Major Insurer’s Decision To Stop Covering New Homes Laurel Duggan on May 29, 2023 State Farm will no longer take …
By Jonathan Saul, Carolyn Cohn, Christoph Steitz and John O’Donnell LONDON/FRANKFURT (Reuters) – German insurers Allianz and Munich Re have renewed cover for the damaged …
NEW YORK (Reuters) – Rising interest rates are eating into the reserves that U.S. life insurers must hold to deal with rate fluctuations, ratings agency …
By Kirstin Ridley and Sam Tobin LONDON (Reuters) – AerCap, the world’s biggest aircraft lessor, said on Monday it was inconceivable that it would not …
By Huw Jones LONDON (Reuters) – Britain’s proposals to loosen capital rules for insurers will increase the chances of an insurance company failing by 20% …
SEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms …
TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month …
(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of …
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, Phillip Coyne, Special Agent in Charge for the U.S. Department of Health and Human …
SHANGHAI (Reuters) -China broadened its private pension scheme on Friday, allowing qualified banks and wealth companies to start individual pension businesses, and published a list …
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make it the world’s most competitive …
DUBLIN (Reuters) – CDB Aviation became the latest aircraft lessor to start legal action in pursuit of claims against a large number of insurers over …
(Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wednesday, in …
WASHINGTON (Reuters) – The U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty …
LOS ANGELES – A San Fernando Valley woman was sentenced today to 72 months for conspiring to defraud health insurance companies by causing millions …
(Reuters) -Shares of drugstore operator CVS Health fell as much as 10% and insurer Centene slumped 8%, leading declines in major U.S. health insurers after …
By Daniel Wiessner (Reuters) – The Biden administration on Thursday warned U.S. businesses and health insurance providers that limiting coverage of contraceptives, after a U.S. …
Biden Admin Poised To Force Insurers To Pay For Sex Changes Laurel Duggan on July 26, 2022 President Joe Biden’s Department of Health and Human …
LONDON – Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for …
By Joseph White DETROIT – U.S. auto insurer State Farm and Japanese insurance company Tokio Marine have joined in a $111 million funding round for …
LOS ANGELES – A former Coachella Valley resident whom Israel deported after she and her then-doctor husband fled there to escape criminal prosecution was …
(Reuters) – RRussia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after …
By Padraic Halpin, Conor Humphries and Tim Hepher DUBLIN – Lessors with hundreds of jets stuck in Russia are preparing for what one said would …
By Jonathan Saul LONDON – Western ship insurers are terminating cover for Russia’s leading shipping company Sovcomflot as multiple sanctions start to bite, companies involved …
SANTA ANA, California – A former Orange County chiropractor was sentenced today to 70 months in federal prison for stealing from health insurers by …
(Reuters) – Insurers want to put more money into private equity this year as they contend with rising inflation and its effects on monetary policy, …
By Carolyn Cohn and Noor Zainab Hussain LONDON – Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite …
By Stefano Bernabei ROME – A leading Generali shareholder on Tuesday proposed naming the Italian insurer’s head of Austria as its new chief executive, in …
By Foo Yun Chee BRUSSELS – Irish insurers’ association Insurance Ireland has offered to open up its data sharing platform to non-members and apply fair …
BEIJING – China’s banking and insurance regulator has issued guidelines urging banks and insurers to support the development of affordable rental housing, as Beijing vows …
BERLIN – German insurers will have to pay around 1.4 billion euros ($1.57 billion) for nearly a million property units damaged in winter storms that …
LOS ANGELES – A former doctor and his company were found guilty today by a federal jury of scheming to defraud private insurance companies …