Insurer American International Group Inc on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe losses and lower private-equity returns.
Aug 3 Insurer American International Group Inc
on Monday posted a 56% fall in quarterly adjusted
earnings, spurred partly by higher catastrophe losses and lower
July 31 Asian shares wobbled in a choppy session
on Friday as abysmal economic data from the United States and
rising global COVID-19 cases weighed on sentiment, despite
strong U.S. tech earnings and signs of manufacturing recovery in
China and Japan.
July 30 Asian equities were set to rise on
Friday after shares of Apple, Amazon and
Facebook surged in extended trading on Thursday, with
Alphabet also climbing, while the U.S. dollar
continued to slide.
NEW YORK, July 29 Asian stocks were set to track
an upbeat Wall Street session on Thursday after the Federal
Reserve kept interest rates at ultra-low levels, while the U.S.
dollar fell to a two-year low.
SINGAPORE/NEW YORK, July 29 The U.S. dollar
hovered just above a two-year low on Wednesday, while stocks
struggled, as growing worries about the U.S. economy had
investors cautious and looking to Congress and the Federal
Reserve for a boost.
NEW YORK, July 28 Asian equities pulled backed
on Wednesday as an impasse in U.S. economic stimulus
negotiations pushed global stocks lower and sent investors into
safe-haven assets like gold, which hovered near record highs.
NEW YORK, July 27 Asian equities were set for a
modest rise on Tuesday as investors weighed progress in U.S.
government stimulus efforts against rising tensions with China
and the growing coronavirus pandemic, while gold hit a record
U.S. insurers and brokers are starting to craft professional liability coverage for police officers, spurred on by signs that policymakers in some cities and states want to use a financial stick to curb police misconduct.
Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, Goldman Sachs Asset Management (GSAM) executives said.