Emerging Markets
AXA Reportedly in Advanced Talks to Sell Eastern Europe Unit to Austria’s Uniqa
Axa SA is in advanced talks to sell its central and eastern European operations to Austria's Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in ...
Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now
Chubb Chairman and CEO Evan Greenberg said he expects the insurer—at least for now—to experience only modest impact from the coronavirus tearing through China and around the world. The ...
Leaders Should Take Nature Walks to Boost Cognitive Skills
Take a walk, particularly a nature walk. That endeavor can help executives improve their cognitive skills, a recent guest posting with Suzi McAlpine's "The Art of Leadership Blog" asserts. The guest ...
Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: AM Best
Ratings firm AM Best said it expects that China's non-life insurance market will experience limited losses from the ongoing coronavirus outbreak. The analysts based their outlook on factors including ...
Singapore Will Add More Climate Change Risks to Financial Industry Stress Tests
Singapore plans to include a broader range of climate change-related risks in a future stress test of its financial industry, a government minister said. The Monetary Authority of Singapore plans to ...
Scientists Perplexed by Climate Change Models Running Red Hot
There are dozens of climate models, and for decades they've agreed on what it would take to heat the planet by about 3° Celsius. It's an outcome that would be disastrous—flooded cities, ...
Many Global Firms Face Heavy Coronavirus Costs, Due to Epidemic Cover Exclusions
Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from ...
Business Interruptions Spread Globally as Coronavirus Cases Grow
Facebook Inc. is restricting employee travel to China, while other big companies including and Nissan Motor Co. and Starbucks Corp. are taking measures to shield employees in areas hardest hit by a ...