International
Mercedes Equips Electronic Van With Delivery Drones
Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a 500 million-euro ($562 million) investment aimed at speeding delivery times for online ...
Allianz InsurTech Incubator Names Startup Vet as New CEO
Allianz X, a revamped division of Allianz focused on developing new InsurTech concepts and companies, has turned to a telecom industry startup expert as its new CEO. Peter Borchers is slated to ...
VW Seeks to Keep Employee From Testifying in Irish Diesel Emissions Case
Volkswagen AG challenged the right of an Irish court to hear a case over cheating on diesel emissions tests as it fought to keep an employee from testifying for the first time in the scandal. Paul ...
Qatar Re Surges Along With Soaring Middle East/North Africa Reinsurance Market: A.M. Best
Qatar Re tops A.M. Best's tally of the biggest Middle East and North Africa reinsurers in 2015, capping major growth for the carrier that has run in tandem with a significant expansion of the larger ...
European Aviation Industry Urges Stricter Drone Regulations
Aviation associations representing airlines, pilots and airports across Europe called on Monday for mandatory registration and training of drone users following a number of near-misses between the ...
AXA Restructuring: Execs May Slash 600 Insurance Jobs in Belgium
Axa SA is considering cutting 650 jobs in Belgium over the next two years, as Europe's second-largest insurer overhauls its range of products sold in the country. Axa Belgium has presented the plan ...
Negative Reinsurance Sector Outlook Not Changing Anytime Soon: A.M. Best
A.M. Best said its outlook for the reinsurance sector remains negative due to a multitude of factors, and it will likely stay that way for quite some time. "Our rating outlook remains longer-term ...
Post-Brexit Warning: Lloyd’s Chairman Says UK Risks Losing Insurers
Lloyd's of London and other insurers will be forced to move part of their businesses to the European Union if they fail to access the single market following Britain's decision in June to leave the ...