Risk
SCOR Anticipates Full India Launch
SCOR is on the verge of launching full operations in India. Regulators there granted SCOR permission to open a composite branch office in India to conduct P/C and life reinsurance business. SCOR will ...
Credit Markets Calm in Wake of Trump’s White House Win
The US credit market gave a tempered reaction on Wednesday to Donald Trump's election victory, with many bankers even saying they expected new bond issuance to resume as soon as Thursday. In keeping ...
Small Businesses Around the World Fear Climate Change Effects: Zurich Survey
Insurance carriers trying to measure clients' concerns about climate change should take note. Four out of five small and medium-sized businesses fear its impact on their bottom lines, according to a ...
P/C Industry Warns China’s New Cybersecurity Law Could Hamper Foreign Business
China's new wide-ranging cybersecurity law is drawing some serious apprehension from the U.S. property/casualty insurance industry. Trade associations and experts alike caution that it will create ...
VW Judge: Carmaker Making Strides Settling Remaining Diesel Cheat Cases
Volkswagen AG has made substantial progress toward reaching a settlement for the remaining 80,000 diesel-cheating cars polluting U.S. roads, a federal judge said. U.S. District Judge Charles Breyer, ...
Scotland Plans to Join Brexit Legal Challenge
The Scottish government will seek to join a Brexit legal challenge, adding to the growing number of voices calling for a vote in Parliament before Prime Minister Theresa May can trigger the two-year ...
Hank Greenberg Seeks Damages Over 2008 AIG Rescue
U.S. lawyers on Friday urged an appeals court to bless the federal government's $85 billion bailout of American International Group Inc. At the same time, attorneys for Maurice "Hank" Greenberg are ...
Liberty Mutual Completely Reverses Last Year’s Massive Q3 Loss
Liberty Mutual Holding Co. scored a significant profit during its 2016 third quarter versus the same period a year ago, thanks in part to rate increases and more policies in force. The insurer and ...