International
With an Eye on Avoiding Financial-Market Chaos, EU Unveils No-Deal Brexit Plans
The European Union pledged to allow U.K. financial infrastructure firms such as London Stock Exchange Group Plc's clearing unit to continue serving the bloc in the event of a no-deal Brexit. The ...
SCOR Forces Resignation of Covéa CEO From Board Following Spurned Takeover Bid
French reinsurer SCOR forced one of its board members — Thierry Derez, the CEO of Covéa — to resign this week. It was the culmination of a boardroom squabble that began in September when SCOR ...
National General Will Buy QBE North America’s Farmers Union Business
QBE North America plans to sell its Farmers Union Insurance business to National General Holdings Corp. for an undisclosed price. The sale reflects QBE North America's ongoing effort to pare down and ...
A New Specialty Biz Emerges From Marsh’s Pending $5.6B Acquisition of JLT
Marsh & McLennan Cos. Inc. is forming Marsh-JLT Specialty, a new business within the company that combines the specialty teams of Marsh and the broker Jardine Lloyd Thompson Group plc. Marsh ...
Assurant Revamps With an Eye on Growth and Greater Technology Use
Assurant revamped its operating structure and made a new senior management appointments – changes designed to help the company grow more quickly and increase its use of technology. "As the needs of ...
WebMD, CVS, Trump Donors Among Those at Risk From Lax Web Security
Six months ago, the European Union's General Data Protection Regulation, or GDPR, took effect, threatening companies worldwide with massive fines if they didn't look after customer data properly. ...
Domestic Opposition Mounts to UK PM May’s Brexit Plans
British Prime Minister Theresa May's Brexit strategy came under attack from all sides on Monday, putting in doubt her ability to steer any agreement through parliament and raising the risk of a ...
AXIS Estimates Hurricane Michael Losses Above $100M
AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Hurricane Michael in the range of $100 million to $120 million, which will affect its fourth-quarter financial results. ...