Global Economy
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 ...
The Latest Launches From Hiscox and Willis Towers Watson
Hiscox said it has added new coverage options to its insurance policy for U.S. businesses in the mental health industry. Willis Towers Watson developed a new product that provides finance and risk ...
A Brexit Deal May Not Happen Until 2019
U.K. officials don't expect to clinch a Brexit deal until two months before exit day, increasing the chances of chaos for executives and lawmakers. European Union chief negotiator Michel Barnier has ...