International
Volkswagen Seeks Dismissal of $1B Wyoming Environmental Lawsuit
Volkswagen AG, trying to put a massive emissions-cheating scandal behind it, has asked a U.S. judge to reject a lawsuit by Wyoming potentially seeking more than $1 billion in additional penalties for ...
AIG CEO Duperreault Wants to Rebuild Insurer’s ‘Strong’ Talent Bench
Brian Duperreault, American International Group's CEO since May, is trying to get the word out that the struggling insurer is a great place to work again. His predecessor, Peter Hancock, slashed jobs ...
AIG Follows Travelers, Chubb in Scaling Back Wall Street Guidance
Brian Duperreault, the new chief executive officer of American International Group Inc., said the company will scale back the projections it provides to Wall Street after his predecessors were burned ...
AIG Saved Money, But Saw Q2 Commercial Insurance Losses Climb
American International Group reported a difficult 2017 second quarter, with net income plunging over the previous year, and a commercial insurance combined ratio that came close to 103. The ...
WannaCry, Petya Cyber Attacks Cost Europe’s Companies Hundreds of Millions of Dolllars
Global hackers have unleashed a brace of attacks in recent months, but while their haul in bitcoin has been paltry, the revenue hit to companies infected is reaching into the hundreds of millions of ...
Cyber ‘Worm’ Disrupts Q2 Corporate Earnings for Many Firms
Costly cyber attacks are having a bigger impact on corporate earnings and are becoming a fact of life for companies as Oreo cookie maker Mondelez, drug maker Merck and others said that a destructive ...
Executives On The Move at Beazley, Kemper, Nationwide and Guy Carpenter
Beazley named a new executive to help grow its engineering business in the U.S. and Latin America. Nationwide hired a financial industry veteran to be chief of investment research for a key division. ...
Anbang Insurance Could Encounter Problems Selling Down Assets
As Anbang Insurance Group Co. comes under pressure to reverse a $10 billion-plus global deal spree, a quick selldown of assets may not be so easy. China is said to have asked the acquisitive insurer ...