Global insurance companies are flocking to Africa, where millions of people have started earning enough to afford business cover and protection for their families, says private equity firm LeapFrog Investments.
South African insurers have called on the government to start compulsory motor cover to reduce the cost to motorists and companies from the countrys millions of drivers taking to the roads without protection.
James Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.s lead independent director, has died. He was 68.
While Target made all the headlines, it is by no means the lone cybercrime victim. See just how pervasive the problem has become for three critical sectors.
Tom Sullivan, former Connecticut insurance commissioner, has been named senior advisor for insurance to the Board of Governors of the Federal Reserve System.