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Munich Re, the world's biggest reinsurer, hiked its dividend after a surprise rise in 2013 profit, lifting hopes it can cope with an influx of new competitors and falling prices

U.S. regulators will propose rules before President Barack Obama leaves office requiring vehicle-to-vehicle communications systems in new cars, Bloomberg reports.

U.S. regulators will propose rules before President Barack Obama leaves office requiring vehicle-to-vehicle communications systems in new cars, Bloomberg reports.

Hartford Financial Services Group's quarterly profit exceeded analysts' average expectation as it benefited from lower disaster losses, and the insurer announced a new $2 billion share buyback plan.

The cost of insuring a solar plant has dropped by 50% since 2010 because of cheaper photovoltaic panels that lead to lower project costs and reduced premiums.

The cost of insuring a solar plant has dropped by 50% since 2010 because of cheaper photovoltaic panels that lead to lower project costs and reduced premiums.