Global Economy
Allianz, Standard Chartered Bank Seal Asia Distribution Deal
German insurer Allianz and Standard Chartered Bank on Thursday announced a 15-year agreement to distribute Allianz's general insurance products in Hong Kong, Singapore, Malaysia, Indonesia and China. ...
OneBeacon Is Reportedly Soliciting Offers From Rival Insurers
OneBeacon Insurance Group Ltd., the specialty insurer controlled by White Mountains Insurance Group Ltd., is exploring a sale, people familiar with the matter said. The Bermuda-based company recently ...
When Millennials Rule the Economy, What Will That Be Like?
With the ongoing departure of Baby Boomers from the U.S. workforce, Millennial leaders are set to assume an increasing role in steering the nation's economy and the organizations that comprise it. ...
Davos Report Calls for Businesses to ‘Unlock’ $12 Trillion in Opportunities
Companies could unlock at least $12 trillion in market opportunities by 2030 and create up to 380 million jobs by implementing a few key development goals, according to a study by a group including ...
Lloyd’s Considering 5 Locations for New Post-Brexit EU Subsidiary
Lloyd's of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain's exit from the ...
Britain to Make Clean Break with EU Market Under May’s ‘Hard Brexit’
Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest ...
Unintended Problems From the Internet of Things and More 2017 Predictions: Marsh
Insurers and customers alike are increasingly embracing the Internet of Things for underwriting purposes and general, daily life. The thing is, greater reliance on this type of technology could ...
A ‘Hard Brexit’ Appears Increasingly Likely
Prime Minister Theresa May will call on Britons to reject the acrimony of the Brexit referendum in a speech this week that some newspapers have billed as setting the stage for a "hard" exit from the ...