The insurance business is a relatively stable industry within the broader economy, and insurance revenue and profits typically don't fluctuate significantly with the economic cycle. In addition to selling policies, insurance companies profit by investing the money they take in.
February 22, 6:55 PM
It took 179 years after the New York Stock Exchange was established in 1792 for a Black investment firm to take a seat.
January 10, 12:24 PM
Key takeaways: ZhongAn Insurance says it renewed an asset management services agreement with Ping An Insurance, one of its three parents While the cap on fees ZhongAn can pay to Ping An annually was unchanged in the new agreement, the company hasn’t fully utilized the quota in recent years By Warren Yang
November 17, 4:16 PM
Now that third-quarter earnings season is over for the mortgage insurance, one analyst refreshed his coverage for the group on Wednesday, including issuing two downgrades. The Analyst: Bank of America analyst Mihir Bhatia issued the following changes to his mortgage insurance coverage:
October 12, 9:46 AM
Photo by Marcin Jozwiak on Pixabay If the recently released U.N. climate report is any indication, it might be prudent for investors to start preparing their portfolios for the widespread impact of climate change.
October 11, 8:46 AM
Columbus Day has sparked controversy in recent years as historians re-evaluate the legacy of Christopher Columbus. The stock market ignores this celebration – it shares the distinction as being one of the two federal holidays when the NYSE and NASDAQ are open for business, with Veterans Day being the other.
September 4, 1:26 PM
In the last couple of years, insurance companies have received a lot of attention. That’s in part because of more unpredictable — and more exacerbated and fatal — climatic events that have struck the United States.
August 31, 4:30 PM
Paramount Pictures Corp., a division of ViacomCBS (NASDAQ: VIAC), has filed a lawsuit against a subsidiary of Chubb Ltd. (NYSE: CB) alleging that it failed to provide complete compensation on insurance clai