Markets
Demand Soars for M&A Insurance as M&A Activity Increases: Aon
More mergers and acquisitions in today's challenging economic environment are driving a soaring demand for M&A insurance products, according to a new Aon report. Aon's report finds that following ...
J&J’s Opioid Payout in Oklahoma Reduced to $465 Million
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of ...
High Distribution Costs and How to Fix Them
The disruption currently taking place in insurance and reinsurance markets is at its most acute since the culmination of the financial crisis. Industry reserves, deteriorating earlier catastrophe ...
Leaders Succeed by Knowing Their Team Members’ Individual Strengths
Not every team at an organization succeeds in its mission. One strategy that can help: Leaders should be fully informed about team members' individual strengths. A recent posting at the Leadership ...
CNA’s Improvements Earn an A+ Rating From Standard & Poor’s
CNA Financial Corp. has achieved an "A+" financial strength rating from Standard & Poor's, an upgrade made in recognition of the Chicago-based insurer's efforts to improve its operations and ...
Daimler, Acknowledging Obstacles, Lowers Expectations for Self-Driving Robotaxis
Daimler has taken a "reality check" on self-driving "robotaxis," acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief ...
AGCS Picks Müller as New Leader, Makes Other Executive Changes
Allianz Global Corporate & Specialty SE named a new leader and has made other key executive changes. All are effective Dec. 1, 2019, pending regulatory approval. Joachim Müller, currently CEO of ...
European Central Bank May Include Climate Change Risks in Future Bank Stress Tests
The European Central Bank is considering including climate-change risks in future European banking stress tests, ECB Vice President Luis De Guindos said on Thursday. Speaking at a BNP Paribas banking ...