Global Economy
Ex-Chubb Exec Joins AIG to Lead Global Accident & Health Division
American International Group Inc. is bringing over a former Chubb executive to lead one of its major divisions. Edward Levin is AIG's new global head of Accident & Health, General Insurance. ...
Allianz Reportedly Negotiating to Acquire Malaysian Auto Insurer
Allianz Malaysia Bhd. has been chosen to progress in talks to acquire Malaysia's second-biggest car insurer after edging out Japanese rival Mitsui Sumitomo Insurance Co., people with knowledge of the ...
One Concern Envisions Wide Use for Its AI Disaster Mitigation Tech
Ahmad Wani was home in 2014 visiting his mother in Kashmir, in northern India, when the floods hit. For seven days, the family waited for help to come. Luckily, they did not lose their home, but many ...
Bermuda Market ‘Resilient’ Despite Higher Cat Losses, U.S. Tax Reform Changes: Fitch
Bermuda-based insurers and reinsurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from U.S. tax ...
Damaging East Coast Winter Storms Won’t Fade Away Under Climate Change
Climate change may melt away smaller snow storms but it won't be able to hold back more powerful East Coast systems. Minor storms that drop mere inches of powder will become rare by the end of 21st ...
Life After Brexit for UK Financial Sector: British Lawmakers Explore Options
British lawmakers launched an inquiry on Friday to determine if the country should track European Union rules or cut loose to best serve its financial sector after Brexit. Finance is Britain's ...
Qatar Re CEO Saacke to Step Down in March; Interim Leader Named
Qatar Re said that CEO and Executive Director Gunther Saacke would be stepping down from both roles in March, at the company's next board meeting. He'll stay on for the transition and depart later in ...
Amazon Autonomous Delivery Robots Coming to Seattle Suburbs
Amazon.com Inc. will use robots to deliver packages in the suburbs north of Seattle, its latest experiment to automate the last-mile of delivery that's a labor-intensive and costly component of ...