Global Economy
Why Brussels Made Sense as a Post-Brexit Outpost for Lloyd’s of London
Lloyd's of London remains on schedule to have its post-Brexit outpost ready for business beginning in January 2019, CEO Inga Beale confirmed at the recent NAIC International Insurance Forum in ...
Aon Names Two Co-Presidents, Retires Remaining Sub-Brands
Aon plc named two of its veteran executives to become co-presidents, and the global broker/consulting firm also retired its remaining business unit brands in a bid to promote more product innovation ...
XL Group Execs Depart, Jobs Shift in Anticipation of AXA Acquisition
AXA SA's planned $15.3 billion cash acquisition of XL Group has spurred management change and departures at the soon-to-be-acquired company as integration plans progress. Announced in March, the ...
EU to UK: Time Running Out to Seal Prompt, Stable Brexit Deal
The European Union on Monday warned Britain time was running out to seal a Brexit deal this autumn and ensure London does not crash out of the bloc next March, adding to pressure on Prime Minister ...
A Leader Who Communicates Clearly Keeps Everyone Focused on the Mission
A successful leader knows how to communicate clearly to enable his or her team to get the job done. That's one of several core competencies identified in the Center for Creative Leadership's survey ...
Chubb Boosts Broker Interactions in UK and Ireland
Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow ...
RBS Agrees to Settle U.S. Mortgage Bond Investigation With $4.9B Deal
Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of ...
XL Catlin, Nature Conservancy Will Invest in Coastal Wetlands to Mitigate Storm Damages
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural ...