International
Chubb Boosts Broker Interactions in UK and Ireland
Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow ...
RBS Agrees to Settle U.S. Mortgage Bond Investigation With $4.9B Deal
Royal Bank of Scotland has agreed to pay a smaller-than-expected $4.9 billion to resolve a U.S. investigation into its sale of mortgage-backed securities, paving the way for a long-awaited return of ...
Thunderstorms Slammed the U.S. in April, While Africa Floods Claimed 78 Lives
Five separate weather systems caused severe thunderstorms across the United States in April, the strongest of which affected the Plains, Midwest, Southeast, Mid-Atlantic and the Northeast, with ...
Trump Creates Problems for Oil Shippers’ Insurance With Iran Withdrawal
Oil tanker owners are facing a nervous wait to find out whether they can carry on doing business with Iran after President Trump said on Tuesday he was reinstating a raft of sanctions against the ...
Uh-Oh, VW: Two Million Diesel Car Owners Could Join Class Action Suits
Around two million diesel car owners in Germany could join class action lawsuits to seek compensation from Volkswagen, Justice Minister Katarina Barley said on Wednesday. The German cabinet approved ...
Former Anbang Insurance Chairman Slapped With 18-Year Prison Sentence Over $10B Fraud Case
Wu Xiaohui, former chairman of Anbang Insurance Group Co., was sentenced to 18 years in prison after being convicted of fundraising fraud and embezzlement, according to the official Xinhua News ...
The Latest Launches From Great American, Generali and XL Catlin
Great American Insurance Group is working with another party to launch a national coverage program for repair shops in the U.S. focused on antique and classic car restoration. Generali's Global ...
Zurich Insurance CFO Quinn: ‘We Don’t Exist to Do M&A’
Zurich Insurance has no plans for a big merger, it said on Wednesday, despite speculation of a pick-up in dealmaking in the industry and that the Swiss company could get involved. The insurer's ...