International
Insurers Optimistic About Latest Round of Covered Agreement Talks
Insurers say they are encouraged by the most recent developments in the covered insurance/reinsurance agreement negotiations between the United States and European Commission. Following the latest ...
Takata, Automakers Explore Ways to Both Share and Limit Air Bag Liability
Takata Corp. and some of the world's biggest carmakers face an extensive -- and expensive -- to-do list as they try to resolve the worst safety crisis in the auto industry's history. Executives for ...
Taiwan Hammered by Third Typhoon in Two Weeks
Typhoon Megi lashed Taiwan with wind and rain on Tuesday, bringing 20-foot-high waves and knocking pedestrians off their feet in Taipei. More than 280,000 households lost electricity, state-owned ...
Cyber Crime Worries Rise Among Small, Medium-Sized Businesses: Zurich
While the number remains low, there's been a robust rate of increase in the number of small and medium-sized businesses tuned in to the cyber attack risks they face, Zurich Insurance Group said in a ...
The Latest Launches From XL Catlin and Ironshore
XL Catlin is selling a new policy designed to help U.S. companies that store, handle and transport goods. Ironshore is beefing up its terrorism/shooter coverage with an added endorsement. *** XL ...
Ex-AIG Chairman Greenberg Finally Tells His Side of the Story at Trial
Former American International Group Inc. Chairman Maurice "Hank" Greenberg says he got personally involved in an "insignificant" business deal at the insurance giant 18 years ago to teach some ...
Tokio Marine Rebrands a Subsidiary to Better Capture More U.S. Business
A subsidiary of Japanese property/casualty insurance giant Tokio Marine is rebranding with an eye on capturing more commercial business from U.S.-headquartered companies. The unit, formerly known as ...
Britain’s Financial Sector Optimism Plunges in Wake of Brexit Vote
Optimism about the outlook for Britain's financial services sector is at its lowest point since the financial crisis, a survey of finance firms showed on Monday. The latest survey of 115 financial ...