[ad_1] [1/2] Uday Kotak, Managing Director of Kotak Mahindra Bank poses for a picture at the company’s corporate office in Mumbai January 15, 2015. REUTERS/Danish Siddiqui /FILE PHOTO Zurich Insurance,…
Tag: PINS
Insurer AIG exceeds profit estimates on strong underwriting gains
[ad_1] May 4 (Reuters) – American International Group Inc (AIG.N) beat market estimates for first-quarter profit on Thursday, as record underwriting gains cushioned the blow from lower alternative investment returns.…
Carl Icahn’s empire loses $6 billion in a day after short seller report
[ad_1] May 3 (Reuters) – Carl Icahn’s empire took another hit on Wednesday when his holding company’s shares plunged further in the aftermath of a critical report from short seller…
Prudential Financial profit misses on lower assets under management
[ad_1] May 2 (Reuters) – Prudential Financial Inc (PRU.N) reported a lower-than-expected quarterly profit on Tuesday, as the life insurer saw a decline in assets under management. The respite in…
EXCLUSIVE Aon’s $30 bln Willis deal set to win EU approval – sources
[ad_1] BRUSSELS, April 28 (Reuters) – Aon (AON.N) is set to gain conditional EU antitrust approval for its $30 billion bid for Willis Towers Watson (WLTW.O), people familiar with the…
EXCLUSIVE Baker Hughes, AXA Group, 16 others quit Nord Stream 2 pipeline -U.S.
[ad_1] WASHINGTON, Feb 24 (Reuters) – Baker Hughes Co (BKR.N) and AXA Group (AXAF.PA) and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and…
India cenbank gives HDFC Bank selective regulatory relief post HDFC merger
[ad_1] MUMBAI, April 21 (Reuters) – The Reserve Bank of India (RBI) has allowed HDFC Bank Ltd (HDBK.NS) and Housing Development Finance Corp Ltd (HDFC) (HDFC.NS) selective regulatory relief to…
Durban pins tourism hopes on growing cruise market
[ad_1] The global cruise tourism market is expected to be worth an estimated $17.4 billion (€15.9 billion) by 2032, and Durban, a scenic seaside city on South Africa’s eastern coast…
South African catastrophes, power woes signal end of cheap insurance
[ad_1] South Africa long considered a low-risk market Pandemic, riots, floods have battered country in recent years Prospect of a power grid failure is adding to risk Reinsurers, insurance companies…
Factbox: The biggest financial crises of the last four decades
[ad_1] March 25 (Reuters) – Markets have experienced massive upheaval in the last month, prompted in part by two of the three largest banking failures in U.S. history while Swiss…