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By L.S. Howard The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting discipline or will irrational competition emerge, leading to …
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Key PointsOperating earnings rose 16% year over year in Berkshire's most recent quarter, to about $13 billion.
Japan likely sold a portion of its holdings of foreign securities, including US Treasuries, to finance its record currency intervention over the past month.
Colombo's $122,000 purchase brings his total beneficial ownership to 181,838 shares, valued at $24.2 million, primarily held through a trust structure.
Standard Chartered plans to increase its investment in wealth centres and hiring in Hong Kong, mainland China and Taiwan to gain more affluent clients, a senior executive said, adding that it doubts…
Brent crude climbs after Iran said it targeted three oil tankers using an unauthorised route through Hormuz
