International
Pasquesi to Become Arch’s Next Chairman as Succession Process Culminates
John Pasquesi will replace Constantine "Dinos" Iordanou as Arch Capital Group Ltd.'s chairman of its board of directors in September, once Iordanou completes his term. Iordanou joined Arch in 2002 to ...
The Latest Launches From W.R. Berkley, AmWINS/Alliant and USAA/Roost
A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the ...
Volvo Will Install In-Car Cameras, Sensors to Prevent Drunk Driving
Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or ...
Italian Parcel Company Mulling Use of Drones, Driverless Vehicles in Growth Push
Poste Italiane aims to more than double the number of parcels it delivers by 2022, the head of its Mail and Parcel (M&P) unit said, as the former postal services monopoly presses on with its ...
Bayer’s Liability Risks Grow After Second Ruling Linking Roundup Weed Killer to Cancer
Bayer AG slumped after a second major defeat in U.S. litigation over claims that its Roundup weed killer causes cancer, shaving almost $8 billion from its market value and raising the likelihood of a ...
Cyber Attack Strikes Aluminum Maker Norsk Hydro in Europe and U.S.
Norsk Hydro ASA, one of the world's biggest aluminum producers, suffered production outages after a cyber attack affected operations across Europe and the U.S. The company said it was still working ...
Brexit in Disarray After Maneuver by Speaker of Parliament
Prime Minister Theresa May's Brexit plans were in disarray on Tuesday as her government sought to plot a way around a ruling by the speaker of parliament that she must change her twice-defeated ...
AXA, Zurich Vets Join Berkshire Hathaway Specialty Insurance in Leadership Roles
Two veteran executives from AXA and Zurich Insurance are joining Berkshire Hathaway Specialty Insurance in leadership roles. BHSI said it appointed Pedro Mairos as head of Marine and Sean Mannion as ...