International
Wildfires, Trump Tax Cuts to Cause XL Group Some Q4 Pain
Fourth-quarter natural catastrophes took a toll on XL Group Ltd.'s bottom line, and the new Trump tax cuts will also cause some temporary pain, based on revised estimates from the Bermuda-based ...
Allianz Group Will Acquire DAS Switzerland, a Legal Protection Insurer, From Munich Re’s ERGO
Allianz Group has agreed to acquire the legal protection insurer DAS Switzerland and the assets of DAS Luxembourg and Slovakia from German insurance group ERGO Group AG, the Munich Re subsidiary. The ...
Truck Owners Sue Ford, Alleging Diesel Emissions Were Rigged
Ford Motor Co. rigged at least 500,000 heavy-duty trucks to beat emissions tests, drivers claimed in a lawsuit, adding to the tally of carmakers linked to diesel-cheating allegations worldwide that ...
AIG Reportedly Weighed $10B Bid for Voya Financial
American International Group Inc. may be back in the market for large-scale deals. The insurer was in talks to buy Voya Financial Inc. in a transaction valued at more than $10 billion before ...
Berkshire Hathaway Promotes Likely Buffett Successors Abel and Jain
Berkshire Hathaway Inc on Wednesday promoted two of its top executives, Gregory Abel and Ajit Jain, adding them to its board and cementing their status as the most likely successors to Warren Buffett ...
Parametric Insurance Can Help Close Global Insurance Protection Gap: Clyde & Co.
Parametric insurance can play a significant role in closing the insurance protection gap – a problem that plagues economies in both the developing and developed world, according to a report ...
Executives On The Move at CNA and AXIS Capital Holdings
CNA appointed a former Chubb executive in a leadership role focused on underwriting for financial institutions. AXIS Insurance, a business segment of AXIS Capital Holdings Limited, promoted an ...
London Officials Say Brexit-Related Financial Job Losses May Be Less Than Feared
British banking, insurance and asset management job losses to the European Union due to Brexit might not be as heavy as initially feared, the City of London financial district said on Monday. Jeremy ...