Markets
Marsh Joins World’s Largest Open Source Blockchain Initiative
Marsh said it has joined the Enterprise Ethereum Alliance (EEA), the world's largest open source blockchain initiative with more than 400 member companies. The EEA is focused on creating open ...
Court Docs Show Automakers Knew Earlier About Takata Air Bag Issues
General Motors Co, Volkswagen AG, Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should have moved faster to recall vehicles, according to company ...
Munich Re Reportedly Negotiating on London Skyscraper Plot for Possible UK HQ Site
Munich Re, the world's largest reinsurer, is in talks to acquire a plot that has approval for one of the tallest towers in the City of London financial district, people with knowledge of the plan ...
Icahn’s AIG Board Rep Won’t Seek New Term
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc, will not seek re-election to the post at the insurer's annual meeting in May, the company ...
Executives On The Move at Canopius, Markel and GEICO
Canopius hired two outside people to become its latest group chief operating officer and group chief financial officer, respectively. Markel Corp. created a new position - chief global ceded ...
Starr Companies Reorganizes Casualty Business Units
Starr Companies said it is making a number of organizational changes within its Casualty business units in a bid to boost efficiency and service. "This new structure will allow for greater synergies ...
Early 2018 Air Crashes End 2017’s Record Flight Safety Streak
Three deadly air crashes that have killed 170 passengers in the past 4 1/2 weeks may indicate that 2017, the safest-ever year for aviation, represented a statistical blip. A total of five fare-paying ...
Ford Recalls 1.38M Vehicles Over Loose Steering Wheel Bolt Issue
Ford Motor Co said Wednesday it is recalling 1.38 million vehicles in North America for potentially loose steering wheel bolts that could detach, in an issue linked to two accidents and one injury. ...