Global Economy
Private Companies to Get Crack at U.S.-Developed Anti-Hacking Tech
Anti-hacking technology developed by the U.S. will be offered to banks and other businesses under an initiative to promote cutting-edge research, even as some security specialists question its value ...
Progressive Insurance Survey: Millennials Want Fulfilling IT Jobs More Than Higher Pay
Progressive Insurance discovered one clue about millennials that could make it easier for carriers to bring them on board in the future: they're looking for fulfillment over money. That's ...
Investors Doubt Zurich’s Tentative $8.8B Offer for RSA Will Happen
Zurich Insurance Group AG's announcement that it's considering a 5.6 billion-pound ($8.8 billion) offer for RSA Insurance Group Plc is leaving investors in doubt that the takeover will happen at that ...
UK Broker Towergate Contributes to $31M Gallagher Lawsuit Settlement
The lawsuit filed by Arthur J. Gallagher against the former CEO of its international brokerage operation, David Ross, who defected to Towergate earlier in the year – has been settled for a payment ...
Zurich, EagleEye, Launch 14-Month Predictive Analytics Tech Test
Zurich Insurance Group will test a South Carolina company's predictive analytics technology in a 14-month trial. Zurich's deal with EagleEye Analytics is part of its global advanced analytics ...
Zurich Insurance Makes Conditional $8.8B Offer For RSA
RSA Insurance Group Plc rose in London after Switzerland's Zurich Insurance Group AG made a conditional offer to buy the company for about 5.6 billion pounds ($8.8 billion). The shares increased 4.8 ...
Asia Faces Increasing Windstorm Exposures: Allianz Global Corporate & Specialty
Asia is facing increased exposure to windstorm risks and is projected to be home to eight of the top 10 most exposed cities by 2070, according to a new risk bulletin by Allianz Global Corporate & ...
A.M. Best: China Explosion Insurer Costs Remain in Flux
Some industry watchers are trying to tally carrier claims costs following an Aug. 12 explosion at a key China port. A.M. Best cautions, however, that plenty of variables remain. Among them: the mass ...