International
House Leaders Unveil Their Version of a TRIA Extension, With Attachments
House leaders released a proposed six-year extension of a federal program to insure property against the risk of terrorism, including a Republican proposal to revise a bank regulatory law. The ...
Liability Alert: Chevron Leads in Greenhouse Gas Production
Chevron Corp. has produced more greenhouse gases than any other fossil-fuel company, according to a study released as global climate talks continued today in Lima. Chevron edged out state-owned Saudi ...
Ebola Vaccine Makers Offered Legal Immunity by HHS
The U.S. Department of Health and Human Services on Tuesday offered liability protections to drug makers rushing to develop Ebola vaccines and urged other countries to follow suit. Health and Human ...
Report: Sony PlayStation Online Store Slammed by Cyber Attack
Sony Corp's PlayStation online store was hacked on Monday, leading to a two-hour outage, the Financial Times reported, without citing sources. Sony confirmed the outage and said it was investigating ...
Uber Insurer James River Jumps Into Junk-Rated Loans
The insurer that ride-sharing service Uber Technologies Inc. uses to protect drivers and passengers is going public, promoting how it's more willing than competitors to invest in junk-rated loans. ...
Verisk Grabs ‘Complementary’ British Rival for $31.6M
Verisk Analytics snatched up a British analytics and advisory outfit for more than $31.6 million, beefing up its research and data capacity for geopolitical and other risks in the process. The New ...
AXIS Capital Holdings’ Board O.K.’s New $750M Share Repurchase
AXIS Capital Holdings Ltd. plans to repurchase $750 million in its common shares over the next two years, adding to an already sizable buyback of a few billion dollars worth of shares. The ...
Swiss Re, Prudential, Eye African Reinsurance and Pension Opportunities
A growing middle class in sub-Saharan Africa is enticing European and South African insurers to buy local firms focusing mainly on life insurance and pensions, in the face of mature markets and ...