Global Economy
HSBC May Bid for Aviva’s Asian Assets
HSBC Holdings Plc, the bank that shook up its senior leadership this month, is considering a bid for Asian operations being sold by Aviva Plc as it seeks ways to diversify its business in the region, ...
Autonomous Vehicles: InsurTech Investors Push for a Front Row Seat
Before manufacturers let autonomous vehicles loose on public roadways, they'll have to show that their driverless cars are a lot better than humans at getting from Point A to Point B without ...
5 P/C Insurer CEOs Sign Pledge Promising Meaningful Corporate Social Responsibility
CEOs of some of the largest property/casualty insurers signed onto a new document, along with some of the nation's largest and most influential companies, urging corporate leadership for the benefit ...
Hamilton Completes Acquisition of Liberty Mutual’s Pembroke Managing Agency, Ironshore Europe DAC
Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual's Pembroke Managing Agency at Lloyd's and its Ironshore Europe DAC business. The acquisition, first announced in ...
Britain’s RSA Insurance Pursues New Bond Despite Being ‘Well Insulated’ From Brexit
RSA Insurance Group Plc is issuing sterling debt well ahead of an October 31 Brexit deadline, even though the U.K. insurer will likely fare better in a disorderly exit than many of its ...
Revamp of Volcker Rule Eases Restriction on Banks Making Speculative Investments
Wall Street watchdogs rolled out a long-anticipated overhaul of the Volcker Rule that eases its controversial restriction on banks making speculative investments, wrapping up a top de-regulatory goal ...
EU Rejects UK PM Johnson’s Bid to Reopen Brexit Divorce Deal
Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to ...
Slowing the Pace of Climate Change Will Help Economic Growth: Study
Slowing the pace of climate change in line with the Paris Agreement has clear economic benefits as global warming is increasingly seen as a risk to financial stability and the economy. Abiding by the ...