Global Economy
Travel Interrupted: Thousands Stranded Globally by China Bans
China's coronavirus outbreak has triggered an unprecedented clampdown on travel to and from the world's second-largest economy, leaving thousands of people stranded across the globe and dealing a ...
AXA Reportedly in Advanced Talks to Sell Eastern Europe Unit to Austria’s Uniqa
Axa SA is in advanced talks to sell its central and eastern European operations to Austria's Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in ...
Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now
Chubb Chairman and CEO Evan Greenberg said he expects the insurer—at least for now—to experience only modest impact from the coronavirus tearing through China and around the world. The ...
Insurance Industry M&A Deals Hit $12.92B in December: GlobalData
Total insurance industry merger and acquisition (M&A) deals in December 2019 worth $12.92 billion were announced globally, according to GlobalData's deals database. The value marked an increase ...
AXA XL Hires Its First-Ever Global Chief Underwriting Officer for Cyber
A veteran of Beazley, Gen Re and Zurich is joining AXA XL as its first-ever global chief underwriting officer for cyber. Elizabeth (Libby) Benet will focus on helping to manage AXA XL's cyber risk ...
Nissan Driverless Car Completes 230-Mile Journey in UK
A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such trip in the country as carmakers race to develop driverless technologies which are ...
Leaders Should Take Nature Walks to Boost Cognitive Skills
Take a walk, particularly a nature walk. That endeavor can help executives improve their cognitive skills, a recent guest posting with Suzi McAlpine's "The Art of Leadership Blog" asserts. The guest ...
Coronavirus Will Cause Limited Losses in China’s P/C Insurance Market: AM Best
Ratings firm AM Best said it expects that China's non-life insurance market will experience limited losses from the ongoing coronavirus outbreak. The analysts based their outlook on factors including ...