Strike by TAP Portugal’s pilots cost airline $39 million

Pilots at Portuguese airline Transportes Aereos Portugueses SGPS S.A. and its subsidiary Portugalia - Companhia Portuguesa de Transportes Aereos S.A. have ended their 10-day strike, MRO Network reported. Read more »

Nine basic financial skills no young adult should leave home without

  Money Matters on Campus is a study of the financial knowledge of new college students across the country. Over 40,000 college students (91 percent of which were first year students) were surveyed... Read more »

Saudi Banks: Lessons from Attacks

The banking sector in Saudi Arabia faces growing challenges from phishing attacks and APTs. Banque Saudi Fransi's Osman asks: Have CISOs learned their lessons and made adjustments after past attacks? Read more »

UK Elections: Privacy, Security Impacts

As Tories Take Majority, Experts Detail Expected PoliciesBritain's Tory party has secured a majority in Parliament, which means the country will soon see a new legislative agenda. Here are some of the... Read more »

Insurers in China report premium growth

Fifty one of 61 unlisted nonlife insurers in China have posted increased premium volume in 2014, reported Asia Insurance Review citing the Securities Daily. Read more »

Insurers settle $11.17 billion Canterbury quake claims

Private insurers in New Zealand have settled nearly $15 billion New Zealand ($11.17 billion) building claims since the Canterbury earthquakes, reports Radio New Zealand. Read more »

Insurers in Nepal receive 6,000 earthquake claims

Nepal's Insurance Board said that insurers have received 6,000 claims so far following the recent earthquake that hit the country, E Kantipur reported. Read more »

Typhoon likely to hit Japan

Japan's meteorological agency has said that typhoon Noul is likely to hit the country's Okinawa Islands and Amami region of Kagoshima Prefecture, reports The Japan Times. Read more »

Insurers, reinsurers expect rate fall of 10% at June 1: KBW

Analysts at U.S.-based Keefe, Bruyette & Woods Inc. have said that several Bermudan insurers and reinsurers expect June 1 renewal rates to be down about 10% year on year, reported Artemis.bm. Read more »

Insurers’ turnover up 5.9% in Portugal in Q1

Portugal's supervisory authority of insurance and pension funds has said that the direct insurance turnover of the country's insurers increased 5.9% year on year to €3.7 billion ($4.12 billion) in the first... Read more »