Global Economy
Global Aerospace, Chubb Face Liability Exposure After Ethiopian Airlines Crash
Britain's Global Aerospace is the lead insurer for the world's biggest plane maker Boeing Co, the insurer's top boss said on Monday. "I can confirm that Global Aerospace leads Boeing, and also Lion ...
Airlines Are Falling Short in Climate Change Fight: Investor Group
Airlines are doing too little in the fight against global warming, a study funded by investors with $13 trillion of assets under management said on Tuesday. The fast-growing sector accounts for two ...
U.S. Reviewing 5G Security Over Hacking Concerns, Huawei Worries
The Department of Homeland Security is conducting a broad review of risks posed by 5G technology, officials said, as the U.S. grapples with concerns about the new network's vulnerability to hacking ...
May Pleads for ‘Just One More Push’ to Break Brexit Deadlock
Prime Minister Theresa May urged the European Union on Friday to make "just one more push" to break the deadlock over Brexit by offering her changes to a deal to help persuade Britain's deeply ...
Australia Floods Dominated February Catastrophe Events: Aon’s Impact Forecasting
Australia's Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635 million) with total economic losses of at least A$1.7 ...
Emerging Markets Will Continue Driving Insurance Industry Growth: Swiss Re
Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss ...
No-Deal Brexit Tariff Uncertainty Increases Risk Worries for Companies
Confusion around which goods will be subjected to U.K. import tariffs in a no-deal Brexit is exasperating companies as they seek to finalize preparations for the split. The government will reveal ...
Carriers Will Increasingly Target InsurTechs for Investment, Acquisition in 2019: Deloitte
Carriers will increasingly seek InsurTech startups as investment and eventual M&A targets in 2019, according to Deloitte's predictions outlined in a new report. "Insurance companies' appetite for ...