Global Economy
Office Demotions Are Increasingly Commonplace: HR Survey
Demotions have become increasingly common at the office, with nearly half of all human resources managers reporting that they have seen someone at their company moved to a lesser position, according ...
Banks Strengthen Security After ATM Cyber Attack Plot Warning From FBI
Banks are on alert for new attacks targeting cash in ATMs after the Federal Bureau of Investigation warned U.S. lenders last week of a potential threat. "The FBI routinely advises private industry of ...
Global Insured Catastrophe Losses Improve in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were $20 billion, down from $30 billion in H1 2017, according to Swiss Re Institute's latest sigma ...
Execs See AI as Reshaping Finance But Disagree on What It Is
Global financial leaders are convinced artificial intelligence is poised to reshape their industry, and they're ready to invest big. They just can't agree on what it is. The World Economic Forum ...
QBE Insurance Rises in an H1 Featuring Fewer Disasters
Australia's QBE Insurance Group Ltd posted a better-than-expected 4 percent rise in first-half profit, helped by fewer natural disasters in its biggest markets, sending its shares up almost 9 percent ...
W.R Berkley, Travelers, GEICO Among 12 New Members of The Institutes RiskBlock Alliance
Twelve more companies have joined The Institutes RiskBlock Alliance, which is billed as the risk management and insurance industry's first enterprise-level blockchain consortium. The membership level ...
Buffett’s Berkshire Hathaway Buys More Apple, Boosts Stakes in Teva, Goldman Sachs
Warren Buffett's Berkshire Hathaway Inc boosted its investments in Goldman Sachs Group Inc and Israel's Teva Pharmaceutical Industries Ltd during the second quarter and confirmed it has expanded its ...
Reinsurers Come to Terms With Alternative Capital: Standard & Poor’s
Rather than fear the ever-increasing availability of alternative capital, reinsurers aren't just making the best of it. They're taking advantage of the money source and aligning it with their own ...