International
Still No Brexit Deal Despite Plenty of Compromises From UK PM May
U.K. Prime Minister Theresa May is trying to get her Brexit deal rewritten in Brussels to make it acceptable to Parliament. Since her deal was defeated by a massive 230 votes on Jan 15, May has made ...
Aon Scraps Plans to Pursue Willis Towers Watson Acquisition
Aon Plc said on Wednesday it had scrapped plans to pursue a merger with rival insurance brokerage Willis Towers Watson Plc, a day after it revealed it was in early stages of considering an all-stock ...
Berkshire Hathaway Launches Irish Insurance Subsidiary for Post-Brexit Operations
Berkshire Hathaway Insurance Group is readying for Brexit with news that its European division is launching an Irish subsidiary that will operate in the European Union. Based in Dublin, the Berkshire ...
Shift Technology Raises $60M to Expand Reach of AI Claims Tech
Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers manage risk ...
Marsh, Jardine Lloyd Thompson Will Sell JLT’s Aerospace Unit to Gallagher
Marsh & McLennan Cos. and Jardine Lloyd Thompson have agreed to sell JLT's aerospace business to Arthur J. Gallagher. The arrangement provides for the acquisition of all assets within JLT's ...
The Latest Launches From Chubb/Aon and AGCS
Chubb and a catastrophe modeling firm will partner to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Allianz Global Corporate & Specialty ...
AIG Sells Off Stake in China’s PICC Group With Few Gains
American International Group Inc. bought into The People's Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time -- ...
Wrecked SUVs Gain New Life in $900B Aftermarket
Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and ...