International
Adidas Warning Millions of U.S. Customers About Data Breach
Adidas AG is the latest company to come under attack from cyber-thieves looking to steal personal information, with millions of customers potentially at risk. The athletic-wear company alerted ...
Swiss Re Launches Restrictive Coal Exposure Coverage Policy
Swiss Re has started a policy where it will not provide insurance or reinsurance to businesses with more than 30 percent thermal coal exposure. The policy, first announced in June 2017, is designed ...
XL Catlin’s VC Arm Leads $16.5M Financing for Israeli Maritime Risk Analytics Firm
XL Catlin's venture capital arm is the lead investor in a $16.5 million financing for Windward, a maritime risk analytics firm based in Israel. XL Innovate led the Series C financing, though previous ...
Property Catastrophe Reinsurance Rate Hike Momentum Sputters: Willis Re
Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...
VW Employee Sues Company, Alleging Widespread Age Discrimination
A Tennessee employee of Volkswagen AG sued the automaker and alleged that it has been systematically discriminating against older workers in wake of a massive emissions scandal that tarnished the ...
UK PM May Seeks to Force Brexit Reckoning
This could be a deadly month for Theresa May. Unpopular at home and in Brussels, the British leader will try to restore order with a Cabinet lock-in at her country estate that's been dubbed the body ...
Lloyd’s CEO Beale Will Depart Sometime in 2019
Lloyd's of London today announced that Chief Executive Officer Inga Beale will step down next year after leading the global insurance and reinsurance market for five years. An exact departure date ...
Greater Natural Gas Use Could Address Global Warming, Says BP and Chevron
To reduce emissions and provide affordable electricity, the world needs to burn more fossil fuels, not less. That's the message being delivered by the world's biggest energy companies at the World ...