International
Monsanto Resolves GMO Wheat-Related Farmer Lawsuits
Monsanto Co. said on Wednesday it reached a settlement with U.S. wheat farmers who sued the seed company over market disruption after unapproved genetically engineered wheat was discovered growing ...
RenaissanceRe’s CFO Will Also Assume COO Duties
RenaissanceRe Holdings is dealing with some changes in a few of its executive leadership slots. Executive Vice President and CFO Jeffrey Kelly will become chief operating officer but also continue as ...
World Bank May Help Indemnify Ebola Vaccine Makers
The World Bank may help indemnify Ebola vaccine makers in case any liabilities arise, as countries and international aid groups support drugmakers racing to develop preventions for the virus. ...
Willis Brings on AIG Exec to (Eventually) Run U.K. Insurance Arm
A veteran AIG executive is set to become the next CEO of Willis Group Holdings' U.K. insurance arm, but the transition process will be a gradual one. Nicholas Aubert has been named "chief executive ...
HSBC Slammed By Turkey Cyber Attack; 2.7M Customers’ Bank Data Lost
HSBC Holdings Plc's Turkish unit said it lost 2.7 million customers' bank data in a cyber-attack, after a similar security breach at JPMorgan Chase & Co. The hack resulted in the theft of data on ...
Report: China’s Anbang Insurance Mulling a $2B IPO
Anbang Insurance Group Co., the Chinese insurer buying New York's Waldorf Astoria hotel, is planning an initial public offering that could raise about $2 billion, people with knowledge of the matter ...
Survey: Cyber Attacks + Terrorism Top Reinsurance Worries
Cyber attacks and terrorism may be shaping up as the big emerging risks reinsurers face in 2015. About 40 percent of industry respondents to a recent Guy Carpenter & Co. survey said cyber attacks ...
Global Insurers Bidding for Turkey’s Halkbank Insurance/Pension Arms
Insurers from Europe, Asia and the United States are among some 20 potential bidders in the sale by Turkey's state-run Halkbank of its pension and insurance arms, three sources close to the process ...