Global Economy
Radio Network, Other Spanish Companies Struck by Cyber Attack
A cyber attack has hit Spanish companies including Cadena SER radio, Spain's National Security Department said on Monday. The virus affected Cadena Ser's local broadcasts, although national output ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate
Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...
The Measles Could Give You ‘Immune Amnesia,’ and More CM Risk Alerts
Getting the measles could leave you vulnerable to other infections for years. Poor sleep habits may play a role in developing dementia later in life. Higher air pollution could cause heart attacks, ...
Executives On The Move at Ironshore, Capital Insurance and Willis Towers Watson
Liberty Mutual's Ironshore chose a new head of its professional and management liability division. Capital Insurance Group promoted one of its veteran executives to the position of senior vice ...
PCS Extends Catastrophe Methodology to More Asia/Pacific Countries
Property Claims Services (PCS), a Verisk subsidiary, has extended the catastrophe loss aggregation methodology, previously developed for use in Japan, to cover more territories in the region. ...
A Bayer Roundup Settlement Will Take Some Time: Lawyer
Even after three big losses in court trials and a plunge in market value, Bayer AG isn't close to settling tens of thousands of U.S. lawsuits claiming its Roundup weedkiller causes cancer, according ...