International
Property Cover Drives 3rd Consecutive Quarter of Global Commercial Insurance Prices Hikes
Global commercial insurance prices rose in the second quarter of 2018, marking the third consecutive quarter of increases, according to Marsh's "Global Insurance Market Index." These average ...
July’s Droughts, Fires Caused Billions of Dollars in Economic Damage: Impact Forecasting
For many of July's global natural disasters, it was all about drought and wildfires, according to the latest update from Aon's Impact Forecasting. What the report found: Many countries dealt with ...
Hacking Programs Driven by Artificial Intelligence Feared as Next Big Cyber Problem
The nightmare scenario for computer security - artificial intelligence programs that can learn how to evade even the best defenses - may already have arrived. That warning from security researchers ...
Zurich’s P/C Unit Gives Insurer a Boost
Zurich Insurance Group AG got a boost from its property & casualty business, putting the company on track to meet Chief Executive Officer Mario Greco's three-year restructuring goals. The Swiss ...
AIG Chooses Aspen Re’s Lillelund to Run Post-Brexit EU Subsidiary
The Aspen Re chief executive officer will lead American International Group's new European subsidiary in Luxembourg. Thomas Lillelund has been hired on as CEO of the division known formally as AIG ...
Chipmaker for iPhones Briefly Shut Several Plants After WannaCry Variant Attack
Taiwan Semiconductor Manufacturing Co. blamed a variant of the 2017 WannaCry ransomware for the unprecedented shutdown of several plants, as it ramps up chipmaking for Apple Inc.'s next iPhones. Full ...
Brexit Negotiations at Delicate Stage for the UK’s Financial Services Industry
Britain must avoid tying Brussels up in red tape or antagonizing its soon to be former European Union partners and the United States if it is to maintain access to the bloc's financial services ...
Executives On The Move At AIG and Argo Group
AIG brought in a veteran insurance industry financial executive to be its new chief accounting officer. Argo Group appointed a retired Allied World executive to its board of directors. *** American ...