International
New York Reclaims Title as World’s Top Financial Center from London; Hong Kong Gaining
New York once again has bragging rights as the world's leading financial center, having reclaimed the title from London where Brexit continues to cast a shadow of uncertainty over the UK economy. ...
China to Create New Company to Assume Anbang Insurance Business
The Chinese government is taking a major step in its efforts to sell a strategic stake in Anbang Insurance Group Co., the acquisitive insurer it took over last year amid a fraud investigation into ...
Argo Group Annual Meeting Voters Endorse Company Board, but Challenge Executive Pay
Argo Group International Holdings ended up having a fairly routine annual meeting on May 24, after spending months fending off accusations of excessive spending and other abuses from an activist ...
Executives On The Move at Everest Re and GuideOne Insurance
Everest Re appointed a veteran insurance industry board member and financial executive to its own board of directors. GuideOne Insurance named a new chief underwriting officer. *** Everest Re Group ...
Brexit Crisis Worsens: May Resigns and Johnson Pursues Party Leadership
Fighting back tears, Theresa May said on Friday she would quit after failing to deliver Brexit, setting up a contest that will install a new British prime minister who could pursue a cleaner break ...
Expect Up to 8 Hurricanes During the 2019 Atlantic Hurricane Season
As many as 8 hurricanes may form in the Atlantic in 2019, a "near normal" season following two years of storms that have left a trail of death and destruction in the Caribbean and U.S. coast. Nine to ...
Brazil Is Suing Top Tobacco Firms to Recover Public Health Treatment Costs
Brazil is suing the world's largest cigarette makers, British American Tobacco Plc and Philip Morris International, in a landmark case aimed at recovering the public health treatment costs of ...
CFC Designs New Broker Platform for Its Cyber Insurance Products
Specialist Insurer CFC is debuting a new broker platform designed to facilitate the sale of its cyber insurance products to small- and medium-sized businesses. The idea is that London, UK-based ...