British insurer Aviva Plc will cut as many as 2,000 jobs worldwide in the latest cost-cutting drive aimed at revitalising its flagging fortunes, the company confirmed on Thursday.
Insurer Hiscox Ltd plans to return $305.3 million to investors after Superstorm Sandy failed to derail a bumper year of growth in its global underwriting business.
Insurer Hiscox Ltd plans to return $305.3 million to investors after Superstorm Sandy failed to derail a bumper year of growth in its global underwriting business.
Hopes BP can settle early out of court on liability for its 2010 U.S. Gulf oil spill looked forlorn on Wednesday after U.S. prosecutors laid out a legal case for gross negligence on which tens of billions of dollars hang.