Global Economy
Trump Tax Cuts Could Solidify U.S. as Most Active Insurance M&A Region: Clyde & Co.
The U.S. has regained its position as the most active region for M&A activity in the global insurance industry, and the Trump tax cuts could boost that activity even further, according to a ...
Munich Re Reportedly Negotiating on London Skyscraper Plot for Possible UK HQ Site
Munich Re, the world's largest reinsurer, is in talks to acquire a plot that has approval for one of the tallest towers in the City of London financial district, people with knowledge of the plan ...
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...
Early 2018 Air Crashes End 2017’s Record Flight Safety Streak
Three deadly air crashes that have killed 170 passengers in the past 4 1/2 weeks may indicate that 2017, the safest-ever year for aviation, represented a statistical blip. A total of five fare-paying ...
Many Financial Firms Remain Unprepared for Brexit, Irish Regulator Warns
Irish Central Bank Deputy Governor Ed Sibley warned that many financial firms remain unprepared for Britain's exit from the European Union as the two sides remain at odds on their future ...
The Latest Launches From Chubb, QBE North America and Flock
Chubb will offer insurance to on-demand drivers in South Asia as part of a new partnership. QBE North America is expanding its product offering for multinational companies. U.K.-based startup Flock ...
Argo Group Acquires Italian Specialty Insurer Ariscom
Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo ...
$80 Billion: The Price Tag for UK, EU Companies With a No-Deal Brexit
Companies in Britain and the European Union face an extra 58 billion pounds ($80 billion) in annual costs if there is a no-deal Brexit, with Britain's vast financial sector set to be the worst-hit ...