Global Economy
Insurers Are Target Audience for New Online Dispute Resolution Startup
An offshore reinsurer has placed a bet that the future of insurance claims will include an option for consumers to resolve disputes online rather than in court. Greenlight Re, a specialty property ...
Allianz Grabs Two U.K. Insurance Businesses for $1 Billion Price Tag
Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The ...
Executives On the Move at Starr, Willis Towers Watson and AIG
Starr Insurance Companies appointed a former Marsh executive to a leadership role involving the UK and Europe. Willis Towers Watson named an executive to oversee Corporate Risk and Broking for the ...
Brexit Uncertainties Trigger Sharp Drop in European Business Confidence
Uncertainty over Britain's departure from the European Union has triggered a sharp drop in business confidence in Europe over the past six months, a survey showed on Thursday. Only 50% of European ...
A Record? 500 U.S. Tornadoes in 30 Days
The U.S. has been rocked by 500 tornadoes in the past 30 days with a trapped jet stream in the atmosphere "stuck in neutral," the U.S. Storm Prediction Center said. In the past seven decades, only ...
China Says Hiking U.S. Tariffs Hurts World Economy But Has ‘Very Limited’ Effect on China
The U.S. escalation of trade tensions won't solve any of its problems but will create volatility in global markets and hurt the world economy, according to China's top financial regulator. Higher ...
New York Reclaims Title as World’s Top Financial Center from London; Hong Kong Gaining
New York once again has bragging rights as the world's leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. ...
Argo Group Annual Meeting Voters Endorse Company Board, but Challenge Executive Pay
Argo Group International Holdings ended up having a fairly routine annual meeting on May 24, after spending months fending off accusations of excessive spending and other abuses from an activist ...