ZURICH/LONDON Rising insurance premiums, strong investment income and cost savings helped Zurich Insurance lift operating profit by 16% last year as Europe's fifth-largest insurer exceeded its 2017-19 targets.
LONDON/ZURICH Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse, some of those who have worked with him predict. | Video
LONDON/ZURICH Tidjane Thiam is unlikely to quietly retire after his abrupt exit as chief executive of Credit Suisse , some of those who have worked with him predict. | Video
LONDON Prudential is in talks that could lead to it taking full control of its 50:50 joint venture with China's CITIC and is considering selling some or all of its U.S. business to sharpen its focus on Asia, a source told Reuters.
LONDON Investors expect to plough billions of pounds into UK commercial real estate this year, citing some long-awaited Brexit clarity after last week's departure from the European Union.
LONDON/HONG KONG Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said.
LONDON Investors in British money manager Neil Woodford's frozen multi-billion pound equity income fund will get their first cash payout this week, its administrator said on Tuesday.
LONDON Insurance premiums to protect shops and offices in Chile from damage caused by protests have at least doubled, industry sources say, as insurers scramble to cover losses following last year's riots.
LONDON Companies and asset managers must show progress towards climate goals by 2022, Brunel Pension Partnership, one of Britain's biggest pension fund managers, said on Monday, or the fund will withdraw its investment.