Reinsurance

One of the strongest storms ever barrels down on the Philippines.

Towers Watson & Co. said it has sold its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC.

Towers Watson & Co. said it has sold its reinsurance brokerage business to Jardine Lloyd Thompson Group PLC.

German reinsurer Hannover Re said it targeted net profit of around $1.2 billion in 2014, more than its expected target for this year, due in part to rising premiums.

Agents and brokers showed strong employment gains in August for the third straight month after enduring employment losses in each of the six months prior.

Agents and brokers showed strong employment gains in August for the third straight month after enduring employment losses in each of the six months prior.