Industry News
U.S. SEC Ramps Up Crypto Fraud Oversight by Adding 20 Employees
The U.S. Securities and Exchange Commission (SEC) said on Tuesday it will add 20 positions to its enforcement unit for crypto markets in its push to curb fraudulent activities in the hot digital ...
AIG Q1 Net Income Up as Underwriting Profit Soars
First-quarter underwriting profit soared as AIG reported net income of $4.25 billion compared with $3.87 billion during the 2021 first quarter. Underwriting income in AIG's General Insurance unit was ...
U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty
The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit ...
Berkshire Hathaway’s Buffett Talks Nuclear Risk and Tribalism
Shareholders attending Berkshire Hathaway's annual meeting on Saturday had questions about what will happen to the conglomerate when Chairman Warren Buffett is no longer around to lead it. They also ...
Executives on the Move at Zurich NA, WTW, Markel, PURE
Zurich North America announced that Christopher M. Lewis will join the organization as executive vice president and head of a new, standalone business unit dedicated to the Excess & Surplus ...
Dealmaking 101: When Opportunity Comes, You Move, Buffett Says
When opportunity comes, you have to move. That was one of the simple life lessons that Warren Buffett imparted during the six-hour-plus annual meeting of Berkshire Hathaway shareholders on Saturday. ...
Net-Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA
The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International ...
Ida Is 12th I Hurricane Name Retired
There's something about hurricanes starting with the letter I that is particularly nasty. Last year's Ida now joins the list of storms so deadly their names don't get used again. The World ...