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Allianz’s Pimco Plans For More Democratic Future

When Bill Gross eventually retires as chief investment officer of California-based asset manager Pimco, his "Bond King" crown will go with him. Allianz, the German insurer which owns Pimco, wants to ...
Clouds With Plane

AIG Is Lead Insurer for Taiwan Plane Crash

American International Group Inc. is the lead insurer of the TransAsia Airways Corp. passenger plane that crashed near Taiwan’s Magong airport, according to Aon Plc, a broker that ...

Defending the airports from terrorist attacks

Global Terrorism Fatalities Up 30%: Maplecroft

Global fatalities from acts of terrorism have risen 30 percent over the last 12 months compared to the five-year average, according to a new security monitoring service from global risk analytics ...
Smart Electricity Meter

Smart Tech Creates New Risks for Energy Industry

Last November, Felix Lindner came very close to shutting down the power supply of Ettlingen, a town of almost 40,000 people in the south of Germany. “We could have switched off everything: power, ...