International
Zurich Insurance Group Has New U.K. Non-Life Head
Zurich Insurance Group AG, Switzerland's biggest insurer, named group controller Vibhu Sharma to head of general insurance operations for the U.K. Sharma, 48, will start in April, Louise Zucchi, ...
Watchdog Group Warns Arctic Shipping Safety Not Assured
Canada will have trouble ensuring marine safety in the Arctic as climate change melts the sea ice and shipping increases, Parliament's environmental watchdog said on Tuesday. Canada, said Environment ...
Swiss Re Predicts a Rise in Liability Claims as Economic Growth Accelerates
Liability claims have been lower than expected in recent years, which has boosted insurers' profits despite a decline in liability rates. But new risks and stronger economic growth will increase ...
How Insurers Gain ‘Systemically Important’ Status May Be Tweaked
The U.S. top financial risk council may tweak the way in which it identifies insurers and other companies that are not banks as systemically important, a process the industry and politicians have ...
China’s Anbang Insurance to Pay Nearly $2B for Waldorf Astoria Hotel
Hilton Worldwide Holdings Inc., the world's largest publicly traded hotel operator, agreed to sell the landmark Waldorf Astoria hotel in Manhattan to China's Anbang Insurance Group Co. for $1.95 ...
Guy Carpenter to Broker Business Cyber Privacy Coverage
Guy Carpenter & Company LLC said it brokered a new cyber privacy and network protection coverage targeted to small-and medium-sized companies, a move that comes as cyber security violations are ...
Ex-Treasury Secretary Talked With China About 2008 Financial Bailout
Henry Paulson, the former treasury secretary, said he talked with China about helping bail out financial firms in 2008, in the first discussion of the rescue scheme in a court with two other plan ...
JPMorgan Cyber Attacks Sign That Rate of Trouble Will Increase
Tom Ridge, the first homeland security chief under President George W. Bush, says companies face more risk of cyber attacks similar to those that struck JPMorgan Chase & Co., Home Depot Inc. and ...