Global Economy
Aon’s New Ventures Group Turns Initially to Intellectual Property
Aon's New Ventures Group, which was formed in October 2018 to accelerate Aon's investment in innovative new products, is focusing its first efforts on intellectual property in order to help clients ...
Buffett’s Berkshire Hathaway: Vice Chairmen Jain, Abel Each Make $18 Million
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the ...
Boeing’s Success in Defeating U.S. Lawsuits Could Be Challenged by Ethiopia Crash
The crash of Boeing Co's 737 MAX 8 passenger jet in Ethiopia raises the chances that families of the 157 victims, even non-U.S. residents, will be able to sue in U.S. courts, where payouts are larger ...
EU Leaders Will Mull Pressing Britain for Long Brexit Delay
European Union leaders will consider pressing Britain to delay Brexit by at least a year to find a way through its domestic deadlock, the chair of next week's EU summit said on Thursday. "I will ...
Hamilton CEO Albo Credits Strategy, Excellent Timing as Leading to New Acquisition Deal
Strategy plus some remarkably good timing helped lead to Hamilton Insurance Group's first acquisition deal under the leadership of CEO Pina Albo. On March 14, Hamilton announced it would acquire ...
Generali Beats Business Plan Targets
Italy's top insurer Assicurazioni Generali raised its dividend for 2018 after beating its business plan targets and posting growth in net and operating profits. In a statement on Thursday, the ...
Hamilton Will Buy Liberty Mutual’s Pembroke Managing Agency, Ironshore Europe DAC in ‘Transformative’ Deal
Hamilton Insurance Group announced it will acquire Liberty Mutual's Pembroke Managing Agency at Lloyd's and its Ironshore Europe DAC business – a move that will double its premium volume and size. ...
Marijuana Coverage Opportunities Growing for Carriers, Despite Ongoing Risks: A.M. Best
Marijuana is a growing opportunity for insurers across the United States as moves to legalize the drug have expanded across the country. But there are still a number of risks in play that could limit ...