Global Economy
Insurance Broker A.J. Gallagher, Others View ‘Clean’ Coal Subsidies as Major Profit Generator
Earlier this year, the chief financial officer of global insurance giant Arthur J. Gallagher & Co. explained to analysts how the company had turned a little-known U.S. energy subsidy into a ...
Marriott CFO: $1B Estimate for Massive Cyber Breach Is Premature
It's too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect ...
Executives On The Move at Hamilton Insurance Group and Everest Insurance
Hamilton Insurance Group appointed a new executive who will be focused on strategy and corporate development. Everest Insurance hired a vice president focused on marketing and ...
AIG Chooses Lyons as Its Next Chief Financial Officer
American International Group has a new chief financial officer. Mark Lyons, a former Arch Capital executive, is taking on the position along with the title of executive vice president after joining ...
Q&A Website Quora Discloses 100 Million Users Hit by Security Breach
About 100 million users of Quora were affected by unauthorized access to one of its systems by a "malicious third party," the knowledge-sharing website said on Monday. Account information, including ...
UK Can End Brexit If It Wishes, According to EU Top Court Opinion
The U.K. should be allowed to reverse Brexit, according to an advisory opinion from the European Union's top court that will fuel the campaign to thwart the divorce. The opinion, which isn't binding, ...
#MeToo Era Leaves Male Execs Forming Controversial Strategies Covering Interactions With Women
No more dinners with female colleagues. Don't sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings. In fact, as a wealth adviser put it, just hiring a woman ...
Allianz, Mitsui Sumitomo Reportedly Finalists in Bid for Malaysia Auto Insurer
Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia's ...