International
Samsung Fire & Marine Completes Strategic Investment in Canopius
Canopius Group Ltd. said Samsung Fire & Marine Insurance has completed a strategic investment in its business. The investment, first disclosed in May, will support Canopius's growth arising from ...
For Lemonade, Pink in Germany Is (at Least Temporarily) Verboten
Just months after expanding into Germany, the InsurTech Lemonade is in a tussle there over rights to use the color pink. Lemonade, which sells home and renters insurance electronically and relies on ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
Radio Network, Other Spanish Companies Struck by Cyber Attack
A cyber attack has hit Spanish companies including Cadena SER radio, Spain's National Security Department said on Monday. The virus affected Cadena Ser's local broadcasts, although national output ...
Insurers, Others Face New EU Disclosure Rules on Responsible Investments
European Union finance ministers are set to adopt new rules this week that will require asset managers, insurers and pension funds to disclose environmental and social risks in their investments from ...
Buffett’s Berkshire Hathaway Tops Profit Forecasts, Despite Trade Drag and Record Cash
Berkshire Hathaway Inc on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and ...
Facebook Sued Over Allegations of Age and Gender Bias in Financial Services Ads
Facebook Inc was sued on Thursday in a proposed class action accusing it of discriminating against older and female users by withholding advertising for financial services such as bank accounts, ...
Q3 Catastrophes Push AIG’s P/C Underwriting Results Into the Red
Catastrophe losses prevented American International Group from having a third quarter in a row of property/casualty underwriting profit this year, following many years of losses. AIG said that its ...