Edition:
India

Suzanne Barlyn

U.S.-China relations could have fresh start under Biden, insurance veteran Greenberg says

19 Nov 2020

U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice "Hank" Greenberg, chairman of Starr Insurance Companies, told Reuters on Wednesday.

Allstate Corp CEO eyes climate insurance plan under potential Biden win

05 Nov 2020

WASHINGTON Allstate Corp wants a potential Democratic administration to back a taxpayer-funded program that would pay for losses caused by the largest climate-change fueled natural disasters, the Illinois-based insurer's chief executive said.

Threat of crackdown on U.S. insurers fades as political 'Blue Wave' sputters

05 Nov 2020

NEW YORK Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic "Blue Wave," which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives.

Analysis: Wall Street worries tight U.S. election clouds pandemic fight, stimulus

05 Nov 2020

NEW YORK With the U.S. presidential election result a nail-biter, bankers, traders and financial analysts on Wednesday said Wall Street was worried the ultimate presidential winner could struggle to work with a divided Congress to fight the coronavirus pandemic and pass a quick economic stimulus package.

ANALYSIS-Wall Street worries tight U.S. election clouds pandemic fight, stimulus

04 Nov 2020

NEW YORK, Nov 4 With the U.S. presidential election result a nail-biter, bankers, traders and financial analysts on Wednesday said Wall Street was worried the ultimate presidential winner could struggle to work with a divided Congress to fight the coronavirus pandemic and pass a quick economic stimulus package.

ANALYSIS-Wall Street firms crave certainty about U.S. election, hope for quick stimulus

04 Nov 2020

NEW YORK, Nov 4 With the U.S. presidential election turning into a nail-biter, bankers, traders and financial analysts told Reuters on Wednesday that Wall Street was worried the ultimate winner could have tough sledding working with a divided Congress to fight the coronavirus pandemic and pass a quick economic stimulus package.

U.S. businesses splurge on insurance to protect against post-election chaos

28 Oct 2020

Retailers, pharmacies, liquor stores and other merchants across the United States are gobbling up insurance that protects buildings from damage caused by societal unrest, worried about possible street violence after the U.S. presidential election, insurers and brokers told Reuters.

AIG names new CEO, plans to spin off life and retirement unit

27 Oct 2020

Insurer American International Group Inc on Monday said its board approved a plan to separate the life and retirement business from the rest of the company, and named President Peter Zaffino as chief executive officer, effective next year.

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