Markets
QBE Rebounds in 2018 With $715 Million Cash Profit
QBE Insurance Group took another step in its quest to achieve strong results, consistently, by reporting a cash profit after tax of $715 million during 2018, a significant improvement on the cash ...
Tessian, a UK Cybersecurity Startup, Secures $40 Million Financing
Sequoia Capital has backed a London-based cybersecurity startup founded by a trio of former banking analysts, who were surprised how often documents such as deal-term sheets were accidentally emailed ...
Wrongful Death Suit Against JPMorgan Over Ex-Top Broker’s Suicide Dismissed by Judge
A federal judge in Manhattan on Tuesday dismissed a wrongful death lawsuit against JPMorgan Chase & Co by the estate of a former top broker, who it said committed suicide after being forced into ...
The Latest Launches From Beazley/Marsh and Berkshire Hathaway’s GUARD Insurance Companies
Specialist insurer Beazley will team with Marsh to provide tailored cyber insurance cover and breach response to protect U.S. manufacturers against evolving cyber risks. Berkshire Hathaway's GUARD ...
Executives On The Move at AXIS Capital Holdings and Argo Group
A former Hartford executive is joining the board of directors at AXIS Capital Holdings Ltd. Argo Group International Holdings Ltd. appointed two new independent directors to its board of directors, ...
Musk Legal Problems: Tesla CEO Faces U.S. Contempt Claim for Violating SEC Accord
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer's ability to keep his impulses in check and responsibly run ...
Pool Re Sells First Terror Catastrophe Bond
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year ...
EU Pushes for Brexit Delay, With Length of Postponement at Issue
The European Union has made no secret that it thinks Prime Minister Theresa May should delay Brexit day. The question is, for how long. May on Tuesday promised the British Parliament a vote on a ...