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 them to invest more in …
insurers
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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 vehicle production, drive up used …
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By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry stress test showed large insurers are well placed to withstand …
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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 a U.N.-backed deal that allows …
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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 on Monday that requires insurance …
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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 new homeowner insurance applications in …
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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 Russia-controlled Nord Stream 1 gas …
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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 Fitch Ratings said on Monday, …
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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 recover some losses from insurers …
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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% in a given year, the …
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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 with strong profits to help …
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TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine starting next month are in talks with reinsurers …
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(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over the loss of hundreds of aircraft stuck in Russia since …
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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 Services, Office of Inspector General, …
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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 of mutual fund products eligible …
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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 financial centre by easing capital …
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DUBLIN (Reuters) – CDB Aviation became the latest aircraft lessor to start legal action in pursuit of claims against a large number of insurers over jets it owns that are …
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(Reuters) – Insurers face potential losses of up to $60 billion from Hurricane Ian, American International Group Inc chief Peter Zaffino said on Wednesday, in what could be the second …
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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 insurers, one of the first …
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LOS ANGELES – A San Fernando Valley woman was sentenced today to 72 months for conspiring to defraud health insurance companies by causing millions of dollars in fraudulent claims …
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(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 performance ratings for health insurance …
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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. Supreme Court ruling that overturned …
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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 Services (HHS) moved to strengthen …
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LONDON – Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a …
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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 autonomous vehicle technology startup May …