Between 1,500 and 1,800 jobs are set to be eliminated at Allianz Partners over the next 12 to 18 months, the source said.

Wall Street rebounded strongly on Monday, fueled by expectations of deeper Federal Reserve rate cuts following a weak jobs report. The Dow,...

US stocks: Wall Street's main indexes declined on Wednesday as investors evaluated President Trump's latest tariff threats and awaited the ...

New York Stock Exchange and the Wall Street will have a crucial week ahead as investors are closely watching President Donald Trump's tarif...

Unexpectedly weak U.S. employment data for July triggered recession concerns, leading to a sell-off in stocks and a surge in safe-haven bon...

In the chip index, Broadcom sank 7% after its full-year forecast failed to impress investors and Marvell Technology tumbled 11.4% after it ...

Most people opting for EMI mode are new-to-insurance customers. “As high as 40-45% in the EMI segment are first-time buyers. About 40% opt ...

If you are considering to buy a job-loss cover, read the primer so that you do not end up buying something you did not want.

The 48-year-old South African runs Allianz’s asset management and US life insurance divisions.

Premium collection of life insurance companies has more than doubled in November while investment in mutual funds grew by a three-fourth.

The global financial crisis surprisingly has had a positive fallout on the private life insurance industry, with leading players in the cou...

ICICI Lombard's cover comes bundled with a mediclaim policy that promises to pay EMIs for three months after someone has lost his job on ac...

MetLife Inc the largest U.S. life insurer by assets, said on Wednesday it will cut jobs, one day after it announced plans to raise capital ...

Insurance companies are bringing down charges and cutting agency commissions in a bid to improve overall returns and remain competitive.

Commerzbank and Dresdner have a combined workforce of nearly 67,000 employees and out of the expected job cuts, about 2,500 would be outsid...

This pre-hire 'deglamourising' exercise opens an 'exit door' for those who feel they are not adept for the job.

While cos revel in the swelling topline, they are increasingly showing a penchant for a leaner workforce.