HSBC Holdings has approached the top three property-and-casualty insurers in Japan about the sale of its non-life insurance business, which could fetch more than $1 billion, sources close to the matter said on Thursday.
HSBC Holdings has approached the top three property-and-casualty insurers in Japan about the sale of its non-life insurance business, which could fetch more than $1 billion, sources close to the matter said on Thursday.
Ireland's High Court approved on Thursday the takeover of Quinn Insurance by a joint venture of U.S. insurer Liberty Mutual and state-run Anglo Irish Bank.
Ireland's High Court approved on Thursday the takeover of Quinn Insurance by a joint venture of U.S. insurer Liberty Mutual and state-run Anglo Irish Bank.
European insurers are financially robust and unlikely to require injections of fresh capital, barring an Italian sovereign default or break-up of the single currency area, analysts said.
European insurers are financially robust and unlikely to require injections of fresh capital, barring an Italian sovereign default or break-up of the single currency area, analysts said.
Auto insurers Progressive Corp and Allstate Corp have settled a patent dispute over technology that lets insurance companies charge drivers based on how, where and how much they drive.
Auto insurers Progressive Corp and Allstate Corp have settled a patent dispute over technology that lets insurance companies charge drivers based on how, where and how much they drive.