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Extratropical Storm Maria made landfall as a minimal Category 1 hurricane on Newfoundland’s Avalon Peninsula near Cape Pine on Friday afternoon about 4:00 pm...

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Five months ago, Chinatrust Financial Holdings has made a bid for MetLife’s Taiwan life insurance unit for USD 180 million. The Financial Supervisory Commission...

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ANZ Banking Group is seeking acquisition opportunities. These could be from the Asia Pacific region because of global market volatilities. "We should never waste a...

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France urged the swift implementation of the July 21 plan to rescue Greece, with Nicolas Sarkozy to discuss with Angela Merkel and Greek Prime...

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RMS estimates that U.S. insured losses from Hurricane Irene’s wind and surge impacts will fall between USD$2 and 4.5 billion, excluding inland flood losses...

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Global investors will tune in on the nation's capital Thursday as the new head of the IMF will talk about the challenges the world...

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Absa Group has acquired Takafol South Africa, which is the only company offering Islamic insurance in South Africa.  The transaction amount has not been...

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Hurricane Irene, which lashed the United  States east coast at the end of last month, will cost insurers some $7 billion (5.1 billion euros),...

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Tropical Storm Nate has moved only a little from its position over the Bay of Campeche in the Gulf of Mexico.  The system has...

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A second US appeals court upheld President Barack Obama's health care overhaul Thursday, but an earlier ruling against the plan means his signature reform...

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The RMS report, ‘Terrorism Risk in the Post-9/11 Era’, highlights that the global terrorism threat in the last decade has become more diverse, and...

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Tropical Storm Talas is the season’s 12th named storm, the seventh severe tropical storm and the fifth typhoon of the 2011 Pacific typhoon season....

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Several US lawmakers and New York rescuers who rushed to the Twin Towers on September 11, 2001 called on the government Wednesday to include...

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Since the beginning of 2011 fire crews have fought nearly 19,000 wildfires so far in the state of Texas alone. This represents 3.6 million...

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"Never forget!" was the motto of the first responders who rushed to the burning World Trade Center on 9/11, but 10 years  on some...

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Bank of China Hong Kong is the local unit of the mainland Chinese lender Bank of China, which has announced the possibility to issue...

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Tropical Depression 13 has strengthened to Tropical Storm Lee. Lee is currently 200 miles southeast of Cameron, Louisiana, and 210 miles southwest of the...

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Typhoon Talas formed on August 25 as the Japan Meteorological Agency’s (JMA) 12th named storm of the 2011 Northwest Pacific typhoon season. The typhoon...

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Firefighters exposed to the World Trade Center attacks are more likely to get cancer, while 9/11 rescue workers still suffer high illness rates generally,...

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Katia has just strengthened to hurricane status, becoming the second hurricane of the 2011 Atlantic season. The system is forecast, by the National Hurricane Centre...