Markets
Oil and Gas Company Cadre Pledges Reduction of Potent Greenhouse Gas
A group of the world's top oil and gas companies pledged on Monday to slash emissions of a potent greenhouse gas by a fifth by 2025 in an effort to battle climate change. The Oil and Gas Climate ...
Brexit Drama: UK PM May Vows Not to Flinch in Negotiations Impasse
Prime Minister Theresa May said Britain would not flinch in an impasse with the European Union about its departure from the bloc, as French and German ministers suggested the next move in the ...
Executives On The Move at Swiss Re and AXIS Reinsurance
Swiss Re is turning to a veteran Allianz executive for the new leader of its Corporate Solutions arm. An MS Amlin executive will join AXIS Reinsurance to lead its property reinsurance business at ...
P/C Insurers See Trump Tariffs Spiking Costs for Auto and Home Coverage
As U.S. President Donald Trump's administration continues to slap tariffs onto all kinds of consumer products, property/casualty insurers are increasingly concerned how some of these actions will ...
Give Your Employees Compassion, and Their Best Work Will Come
Want the best results out of your employees? Then be nice to them. New research from Binghamton University, State University at New York finds that showing compassion to employees almost always pays ...
Florence Fallout: Duke Energy Ash Basin Overflows, Spilling Coal Byproduct Into River
Floodwaters have overwhelmed an ash basin at a Duke Energy Corp. power plant in North Carolina, spilling a byproduct of burning coal into the Cape Fear River. The company said coal ash at the site ...
Lloyd’s Returns to a Profit in H1, But Investment Income Drives Down Pre-Tax Profits
Lloyd's reported a return to profits during the first half, in a welcome recovery after its big losses of 2017. Pre-tax profits during the half were £600 million ($793.1 million), compared to £1.2 ...
AIG Will Snatch Up Pennsylvania-Based Insurance Broker
American International Group Inc said on Friday the insurer will acquire Glatfelter Insurance Group, a York, Pennsylvania-based insurance broker. Privately owned Glatfelter provides services for ...