Global Economy
Lloyd’s Comes Up With ‘Robust Plan of Action’ to Address Sexual Harassment Reports
Lloyd's is releasing "a robust plan of action to address reports of sexual harassment in the Lloyd's market and create a safe and inclusive working environment." The plan includes possible lifetime ...
Hamilton Hires Barrett, Garber to Fill New Leadership Slots; O’Donohoe Departs
Hamilton Insurance Group, moving full-speed ahead with its growth strategy, is hiring on two executives in newly created roles, and a third leader is leaving the company. The Bermuda-based insurance ...
Global Emissions Reach Record, Thanks to Growing Energy Demands
Carbon emissions from fossil-fuel use hit a record last year after energy demand grew at its fastest pace in a decade, reflecting higher oil consumption in the U.S. and more coal burning in China and ...
Activist Fund Pursues Removal of SCOR CEO as Chairman Over Thwarted Takeover Attempt
French activist fund CIAM will ask reinsurance company SCOR's CEO Denis Kessler to surrender the chairmanship of the company's board after he thwarted a takeover attempt earlier this year. CIAM, ...
Recession Signals Get Louder As Portion of Yield Curve Flips
One of the most closely watched predictors of a potential recession just yelped even louder. The signal lies within the bond market, where investors show how confident they are about the economy by ...
Rideshare Company Lyft Plans to Slash Insurance Costs and Phase in Self-Driving Vehicles
Lyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road show for investors ahead of the ride-hailing company's ...
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Capital Shield, Berkley Debut Cover for Individuals Dealing With Embezzled Investment Funds
Insurance is hitting the market that will protect individual investors if an asset manager or investment adviser embezzles their investment funds. Capital Shield Inc. and Capital Shield Insurance ...