International
Samsung Risks $17B Hit After Pulling Galaxy 7 From Market a Second Time
Samsung Electronics' worst-ever recall could cost the company as much as $17 billion after it halted sales of its flagship Galaxy Note 7 for a second time, spelling an almost certain end for the ...
Second AIG Vet Joins Hamilton USA Exec Roster: Garceau Hired as COO
Hamilton Insurance Group's U.S. division is bringing on another former AIG executive to fill a major slot, its second major hire in two weeks. Michael Garceau will be the new chief operating officer ...
Emerging Markets Likely to Gain Bigger Share of Global P/C Business: JLT Re
Despite recent slowdowns, emerging economies are expected to outperform advanced markets over the next five years, according to a report published by JLT Re. The emerging economies examined in the ...
Lloyd’s, UK Bankers Warn of 2017 Brexit/British Exodus Risks
Top bankers warned on Tuesday they could start moving staff abroad as early as next year if there is no clarity on whether Britain will retain access to the European single market when it leaves the ...
Aon Expands Cyber Risk Advisory Abilities With Planned Stroz Friedberg Acquisition
Aon plc plans to snatch up a global cyber risk management advisory firm, a move that will allow the broker to beef up its services in a fast-growing sector of the business. An Aon subsidiary is ...
Hurricane Matthew Aftermath Leaves Hundreds Stranded in North Carolina Floods
Hundreds of people were rescued by boat and helicopter as floodwaters inundated North Carolina towns on Monday in the wake of Hurricane Matthew, and officials warned that life-threatening flooding ...
Fitch Ratings Sees More Reinsurance M&A Ahead; S&P Questions the Benefits
Two acquisition deals in recent days may point to a resurgence in reinsurance M&A in the coming months, Fitch Ratings said. But Standard & Poor's said the benefits of more deals may be a ...
Executives On The Move at Lemonade, Neon and Lockton
P2P Startup Lemonade snagged a former Liberty Mutual Executive as its new chief underwriting officer. Neon promoted an executive to a newly-created leadership position. Lockton appointed several ...