Berkshire Hathaway Inc. reported an 8 percent decline in second-quarter profit Friday because it collected fewer insurance premiums and recorded $1 billion in unrealized derivative losses.

IDBI Fortis Life Insurance, the joint venture between IDBI, Federal Bank and Fortis in India, has launched life insurance operations. Following approval from all regulators, the company has started selling a full range of life insurance and long-term savi

The regulatory authorities in the nation’s financial sector and the Federal Ministry of Finance yesterday met in Lagos with a resolve to jointly take measures to preserve and promote the continued vibrancy, liquidity and buoyancy of the capital market.

MANILA, Philippines--The government lost P800 million in potential collection of premium tax last year due to the delinquency of certain insurance firms in paying their taxes, according to the Department of Finance.

Pension Corporation, a leading provider of pension solutions, today announces that Pension Insurance Corporation has been selected to secure the pension benefits of members of Swan Hill Pension Scheme, sponsored by Raven Mount Plc.