Government
Lloyd’s of London Already Planning to Shift Some Businesses to EU
The Lloyd's of London insurance market is already working on plans to move some business to the European Union, aiming to be ready for the shift as soon as Britain starts divorce proceedings from the ...
New York, New Jersey Bomb Explosions Will Affect Future Terror Modeling: RMS
The Sept. 17-18 bomb explosions in New York and New Jersey will have implications for the modeling of terrorism risk due to a shift in tactics, according to an expert with catastrophe modeling firm ...
New York Issues First-of-Their-Kind Cyber Regs for Insurers and Banks
New York Governor Andrew Cuomo on Tuesday issued long-anticipated proposed cyber security regulations for banks and insurers in the state, the first of their kind in the United States by any state or ...
The Trial of Ex-AIG Chairman Hank Greenberg Finally Begins
Opening arguments began on Tuesday in the trial of former American International Group Inc chairman Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago. Greenberg, ...
Longtime VW Engineer Pleads Guilty to Charge in U.S. Emissions Probe
A veteran Volkswagen AG engineer pleaded guilty to conspiring to defraud U.S. regulators and customers, the first criminal charge in the Justice Department's year-long investigation into the ...
Post-Brexit Warning: Lloyd’s Chairman Says UK Risks Losing Insurers
Lloyd's of London and other insurers will be forced to move part of their businesses to the European Union if they fail to access the single market following Britain's decision in June to leave the ...
Brexit Aftermath: Insurers, Other London Financial Groups Warm to Dublin
Ireland says the Brexit vote has led to a jump in enquiries from London firms considering opening offices in Dublin, one of a handful of European cities trying to draw business away from Britain's ...
UK Officials Reportedly Will Pull Brexit Start Trigger by April 2017
Prime Minister Theresa May's team is still leaning toward the first part of 2017 as the best moment to trigger the start of formal talks over the U.K.'s withdrawal from the European Union, according ...