Global Economy
La Nina Will Likely Be Here Through Entire Winter
Looks like a potentially market-roiling La Nina will last through the new year, threatening to bring a colder, snowier winter to the northern U.S., drought to Latin America's soybean-growing regions ...
AXA Will Provide Insurance for Uber Eats Couriers in Europe
Uber's food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of "gig economy" workers. Riders for food-delivery companies such as ...
The Latest Launches From Allied World and BHSI
Allied World Assurance Co. Holdings has begun marketing a professional liability policy focused on healthcare consultants and companies that provide consulting services to healthcare facilities. ...
AIG Ramps Up Analysis Efforts for Insuring Against Cyber Risks
American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, ...
In Zurich’s Financial District, Landlords Resist Rent Cuts and Offices Lie Empty
Two floors of a prime lakeside office building in the heart of Zurich's financial district remain empty six months after they were offered for lease. While that's a cost for owner Zurich Insurance ...
France’s Atos Boosts Cyber Security Services With $5.06B Gemalto Buy
French technology consulting firm Atos offered to buy Gemalto for 4.3 billion euros ($5.06 billion) on Monday to boost its cyber security services as states and big corporations seek to cope with a ...
Zurich Will Pay $2.14B to Snatch Up ANZ’s Australia Life Insurance Biz
Zurich Insurance Group said it will pay more than $2 billion to acquire the life insurance business from an Asia Pacific-based bank. Zurich's $2.14 billion deal to buy OnePath Life from ANZ ...
Paris Climate Change Pact Lives On Under Macron’s Leadership
French President Emmanuel Macron this week will seek to breathe new life into the fight against global warming and sway debate away from skeptics of the process led by U.S. President Donald Trump. At ...