International
Musk Legal Problems: Tesla CEO Faces U.S. Contempt Claim for Violating SEC Accord
Elon Musk is facing a new round of regulatory trouble for tweets about Tesla Inc., raising fresh concerns about the chief executive officer's ability to keep his impulses in check and responsibly run ...
Pool Re Sells First Terror Catastrophe Bond
A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year ...
EU Pushes for Brexit Delay, With Length of Postponement at Issue
The European Union has made no secret that it thinks Prime Minister Theresa May should delay Brexit day. The question is, for how long. May on Tuesday promised the British Parliament a vote on a ...
Argo Shareholder Accuses CEO Watson of Pursuing ‘Shockingly High’ Corporate Expenses
An Argo Group shareholder is nominating four new directors to counter what it alleges are "shockingly high" corporate expenses including pricy real estate, an office art collection, and CEO Mark ...
Cyber Risk Prevention a Factor in InsurTech Investments’ Continued Climb: Willis Towers Watson
There were 63 InsurTech investment deals worth nearly $1.6 billion in the 2018 fourth quarter, according to a new Willis Towers Watson report. That's a 24 percent jump in deal count compared to the ...
Zurich North America Acquires Tech Company Focused on Vehicle Protection Products
Zurich North America has acquired Sea Pine Technologies, a company specializing in innovative digital applications for the marketing of vehicle protection products. The insurer said the deal will ...
El Nino’s Calm Winds Harming U.S. Wind Power Producers
Calm winds are hurting U.S. wind power producers. Unusually still weather in the upper Midwest and Great Plains in late 2018 has already taken a bite out of earnings at NextEra Energy Inc. and ...
China Regulator Orders Banks, Insurers to Amp Up Lending to Private Firms
China's banking and insurance regulator said on Monday it had told all of the country's banks to sharply increase lending to private companies, as policymakers step up support for the slowing ...