International
AXA Completes Sale of Eastern Europe Operations to UNIQA
AXA said that it has completed the nearly $1.2 billion cash sale of its life and savings, property and casualty, and pension businesses in Poland, Czech Republic and Slovakia to Austria's UNIQA ...
Executives On The Move at AXIS Re, Lockton Re and Earnix
AXIS Re made two new underwriting hires to expand its North America Casualty team. Lockton Re hired a Senior Broker to be part of its Marine & Energy Division. Earnix, a provider of advanced ...
Pirate Kidnappings Soar in Waters off the West African Coast
The number of kidnappings reported off the West African coast in the year through September is 40% higher than the same period in 2019, according to the International Maritime Bureau. Piracy ...
EU Pressures Britain to Make Brexit Compromise or Face Trade Disruptions
The European Union put the onus on Britain on Thursday to compromise on their new economic partnership or stand ready for trade disruptions in less than 80 days, drawing a chilly reaction from the ...
Berkshire Hathaway Alleges Law Firm Aided $756M M&A Fraud
A unit of Warren Buffett's Berkshire Hathaway Inc. claims a top international law firm helped German piping component maker Wilhelm Schulz GmbH fraudulently conceal its disastrous finances before its ...
The Impact of Political Risks on Businesses
Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French "yellow vest" protests (insured ...
Corporate Diversity Pledges: U.S. Activists Seek Proof of Action
More data disclosure will help investors, employees and customers judge the pledges many American companies have made to diversify their workforces and boardrooms, activists and analysts said on ...
Delta Could Bring 2020 Estimated Hurricane Losses Above $26B
Hurricane Delta caused from $700 million $1.2 billion in insured losses from wind damage and storm surge, and an additional $800 million to $1.5 billion in losses to offshore structures, CoreLogic ...