Global Economy
Expertise and Investment: What Munich Re Digital Partners Brings to InsurTech Partnerships
Three years may not be a long time, but the head of Munich Re Digitial Partners in North America says his operation has made the most of it. David Brune became CEO of Digital Partners' North American ...
Executives On The Move at The Hartford and W.R. Berkley
The Hartford named a long-time executive with the company to lead its Middle and Large Commercial insurance business in the Northeast. An executive previously with The Navigators Group is joining ...
Dog Collar Liability Ruling Could Harm Amazon’s Broader Business Model
A federal court ruling that Amazon.com Inc. can be held liable for a dog collar sold on its website that partly blinded a woman could complicate the online merchant's business if it is applied ...
Buffett Commits Roughly $3.6B in Berkshire Hathaway Stock to Five Charities
Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to ...
India Mulls More Relaxing of Foreign Investment Rules for Insurance, Other Sectors
The Indian government on Friday said it will consider further liberalizing foreign direct investment (FDI) rules in certain sectors, part of its efforts to make Asia's third-largest economy a more ...
Lloyd’s Seeks Clarity Regarding Insurance Policies With Cyber Cover
Lloyd's of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused by a cyber attack, saying this was in the best interest of both ...
Asia Expansion Helped Push Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re
Carriers' expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018, Swiss Re said in its latest sigma report. That growth came generally from ...
Boeing Pledges $100M to Support Families of Max Jetliner Crash Victims
Boeing Co. is offering $100 million to support the families of victims and others affected by two crashes of its 737 Max jetliner, which killed 346 people and have led to scores of lawsuits. The ...