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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…
(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…
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,…
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…
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…
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…
(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…
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…
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…
(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…
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…
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…
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…
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…