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Prudential PLC on Thursday announced that its chief executive was stepping down as the company fell to a loss of 396 million pounds for 2008, mainly
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FirstGroup stands out in London trade on Thursday, as the bus and rail operators stance that its annual profit will meet expectations reassures marke
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Last year was one of the worst on record for catastrophe losses, with North America and Asia suffering particularly heavily, according to Swiss Re. read more »
The announcement by U.K.-based financial services group Friends Provident plc that it had suffered a huge loss last year represented another set of n
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A call by the chairman of the U.K. Financial Services Authority for stricter global banking regulation may feed momentum toward closer overall scruti
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Happy Life Insurance Co. Ltd., a Beijing-based life insurer, has won approval to establish a branch in northwest China’s Gansu province.
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Australia's nonlife insurance companies reported an aggregate underwriting loss of A$1.065 billion (US$741 million) in the 12 months ending in Decemb
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