International
Brexit May Hinder U.K.’s Ability to Tackle Climate Change
The U.K.'s decision to leave the European Union could make it more difficult for the country to cope with rising seas, floods and the spread of tropical diseases compounded by climate change, ...
Fort McMurray Wildfires Are Canada’s Costliest Disaster Ever: IBC Report
Insured losses from the May wildfires in Fort McMurray, Alberta, are expected to total C$3.58 billion ($2.76 billion), making it the costliest-ever Canadian natural disaster, an insurance industry ...
Insurers, Banks See Red Flag in British Property Panic
The run on British property funds has drawn attention to the vulnerability of the commercial real estate sector, largely funded by domestic banks and building societies but increasingly by foreign ...
Executives On The Move at QBE and Swiss Re
Swiss Re's Corporate Solutions arm named a new CEO for its China division. QBE North America hired a new executive who will help shape operations in the western United States. *** Swiss Re Corporate ...
Tesla CEO Elon Musk Defends Timing of Autopilot Fatality Disclosure
Tesla Motors alerted regulators to a fatality in one of its electric cars in partial self-driving Autopilot mode nine days after it crashed, the company said on Tuesday, defending its decision not to ...
Insurers Seek Influence on Next Round of Transatlantic Trade Negotiations
Insurers are doing what they can to shape the next negotiating round for the Transatlantic Trade and Investment Partnership, which is set to begin the week of July 11. The TTIP is designed to boost ...
Brexit Fallout: Allianz Economist Urges U.K. to Develop Credible ‘Plan B’
Britain's politicians must urgently get their act together after the Brexit vote and, if they fail to come up with a credible "Plan B" with a free trade agreement, sterling could fall towards parity ...
VW Will Avoid Germany Cheating Fines; Customers Balk
Volkswagen AG is set to escape fines from the German government even after cheating on emissions tests for years, reflecting a softer political stance that's increasingly drawing ire following a ...