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2 mins read

Hurricane Milton might cost insurers up to $50 billion — but it could have been much worse, analysts said

Hurricane Milton's insured losses could range from $30 billion to $50 billion, but it's far from an…

Lian Kit Wee   


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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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2 mins read

More insurers, capital, distributors and healthy competition required to make insurance for all by 2047

India aims to achieve "Insurance for all by 2047," according to Debasish Panda, the chairperson of …

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2 mins read

Banks, RBI keeping close watch to tackle cyber fraud: Sitharaman

Union Finance Minister Nirmala Sitharaman on Thursday said that while government institutions, bank…

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4 mins read

Donald Trump committed fraud for years by inflating his worth to banks and insurers, a New York judge finds

A judge invoked 'Groundhog Day,' and the Marx Brothers in a scathing pre-trial ruling that threaten…

Laura Italiano   


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1 min read

One of America's biggest health insurers just issued a warning that healthcare costs are about to soar

Shares of major health insurers fell Wednesday after a UnitedHealth Group exec shared that more old…

Lydia Ramsey Pflanzer   


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25 mins read

Inside the tawdry, drug-fueled, violent world of America's top life insurance salesmen

Women say they were fed date rape drugs, compared to dog puke, and forced to watch a boss masturbat…

Susan Antilla   


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3 mins read

Kylie Kirschner   


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2 mins read

Trump held a last-minute press conference and claimed expansive executive authority as coronavirus relief negotiations fall apart

President Donald Trump at a last-minute press conference at his golf resort in Bedminster, New Jers…

Joseph Zeballos-Roig   


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1 min read

Jobless claims edge higher from 52-year lows as the unemployment recovery pushes forward

Continuing claims, which count Americans continuously receiving jobless aid, fell to 1.85 million f…

Ben Winck,Andy Kiersz   


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2 mins read

Three Indian teens shortlisted for International Children's Peace Prize

The three finalists have been shortlisted by a panel of experts from over 169 nominees from 39 coun…

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3 mins read

The insurance industry needs to stop funding fossil fuels and lead on the transition to clean energy, says COP26 panel

A UN Climate Change Conference panel will highlight which insurers are enabling fossil fuel project…

Karen K. Ho   


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1 min read

Dow plunges more than 600 points as US stocks suffer their biggest drop since June ahead of Fed conference

Investors are looking ahead to Friday when Fed chief Jerome Powell is set to deliver comments about…

Phil Rosen   


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4 mins read

Dispensed: Verily's big debut, Oscar's health insurance bet, and what else you missed at the biggest healthcare conference of the year

We also got updates on company strategies. That includes the potential for the newest most expensiv…

Lydia Ramsey   


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2 mins read

Warren Buffett's Berkshire Hathaway has scored an almost $2 billion gain on DaVita stock in the past year

DaVita, which has been targeted by short-sellers including Jim Chanos, likely ranks among Berkshire…

Theron Mohamed   


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2 mins read

PUBG developer Krafton to raise $3.7 billion through IPO next month

Krafton, the video game developer behind global hit PlayerUnknown's Battlegrounds (PUBG), will rais…

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2 mins read

Most Americans support ending enhanced unemployment benefits early, survey says

Twenty-six states are ending the federal benefit ahead of its September expiration. A new survey sh…

Ben Winck   


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3 mins read

Biden signals he backs ending $300 federal unemployment benefit in September as set under stimulus law

The White House said Biden's remarks didn't extend to federal programs aiding gig-workers and long-…

Joseph Zeballos-Roig,Juliana …   


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4 mins read

Kevin Shalvey   


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5 mins read

India announces a $22 billion package including cash transfers to feed and serve the poor during the coronavirus lockdown

“The lockdown was announced by the Prime Minister on the intervening night of March 24 and March…