Global Economy
MS Amlin Names Carrier as Chief Underwriting Officer in Ongoing Corporate Revamp
MS Amlin Underwriting Limited, the Lloyd's insurer and insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier will be responsible for managing all of MS ...
Hurricane Laura Rivals Katrina’s Threat to US Oil Industry
Oil production shutdowns in the U.S. Gulf of Mexico are approaching the level of 2005's Hurricane Katrina, and coastal refiners on Tuesday scrambled to cut processing ahead of a major hurricane ...
Pandemic Accelerating Volatile 2020 Political Risk Landscape: Marsh JLT Specialty
The global COVID-19 pandemic has exacerbated an "already volatile political risk landscape," according to a midyear update to Marsh JLT Specialty's Political Risk Map 2020. In fact, all 197 countries ...
Post-Brexit Negotiations Between Britain, EU Hit Stalemate
Britain and the European Union made scant progress towards a deal on future ties in talks last week, and their chief negotiators blamed each other for the stalemate as time ticks down to an ...
U.S. Judge Narrows SEC Suit Against VW Over Diesel Emissions
A U.S. judge on Thursday dismissed portions of a U.S. SecuritieAgs and Exchange Commission lawsuit accusing Volkswagen AG of defrauding American investors in connection with the automaker's diesel ...
COVID-19 Era Draws Attention to U.S. Fund That Compensates Emergency Vaccine Injuries
A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used ...
Chinese InsurTech Waterdrop Raises $230M From Swiss Re, Others; U.S. IPO Planned
Chinese online insurance technology platform Waterdrop Inc has raised $230 million in a new funding round led by reinsurer Swiss Re and Chinese internet giant Tencent Holdings, it said on Thursday. ...
COVID-19 Pandemic Takes Particular Toll on Younger Employees
The coronavirus pandemic has taken its toll, particularly on younger employees. Gen Z employees – those born starting in 1995 – were three times more likely than all other employees since the ...