Risk
China Passes Sweeping Cybersecurity Law; Foreign Opposition Remains
China has green-lit a sweeping and controversial law that may grant Beijing unprecedented access to foreign companies' technology and hamstring their operations in the world's second-largest economy. ...
AIG Apartment Mortgage Lending Climbs 20 Percent, Reaching $5.2B
American International Group Inc., the largest commercial insurer in the U.S. and Canada, has been increasing lending for apartments as the company seeks to counter low yields on publicly traded ...
Struggling Greenlight Capital Re Hit With A.M. Best Ratings Downgrades
Greenlight Reinsurance Ltd. has been seeking to improve underwriting results after months of losses. But it apparently hasn't moved fast enough for A.M. Best, which slapped it with credit ratings ...
AIG’s Mixed Results Lead to Stock Drop, Wall Street Skepticism
American International Group Inc.'s assurances of underwriting progress are drawing increased skepticism from Wall Street analysts after another disappointing quarter. Results from international ...
The Latest Launches From Chubb, Willis Towers Watson and XL Catlin
Chubb has expanded its business owner's policy to the technology industry and added specialized features. Willis Towers Watson launched an insurance product designed to protect financial institutions ...
Amazon Contractors Sue Retail Giant for Overtime Pay
Amazon.com was sued by Illinois delivery drivers who say the company failed to pay them overtime for hauling its goods. Among the questions the judge will have to answer? Whether they actually worked ...
UK Court Rules Brexit Can’t Start Without Parliamentary Vote
The U.K. must hold a vote in Parliament before starting the two-year countdown to Brexit, a panel of London judges decided, setting up a constitutional confrontation at the country's Supreme Court ...
AIG Turns a Q3 Profit, but Commercial Combined Ratio Hits 105.3
American International Group Inc, the largest commercial insurer in the United States and Canada, reported a net income versus a loss last year, when tumultuous markets gutted returns from its ...