International
QBE CEO Neal: We’ll Keep U.S. Middle Market Biz
QBE has changed its mind about a possible sale of its U.S.-based middle market business, months after confirming that it was under strategic review. Why the change? It seems there's been a bit of a ...
Canada Feds: Rail Disaster Followed Inadequate Company Audit
The Canadian government did not adequately audit the railroad company at the center of the Lac-Mégantic crude tanker disaster, which last year killed 47 people, an independent federal agency said on ...
Resurgent Iceland Volcano Adds Risk to North Atlantic Flights
Airlines are on alert as one of Iceland's biggest volcanoes rumbles to life, threatening ash clouds that could force flight cancellations across the North Atlantic, the busiest international travel ...
QBE Responds to Profit Plunge With Plans to Sell Assets
QBE Insurance Group Ltd. plans to raise about $750 million in a share placement and sell assets including part of its lenders' mortgage insurance business in Australia after reporting an 18 percent ...
Subterranean Reservoir Meets Tokyo Typhoon Threat
Below the condos and boutiques of Tokyo's upscale Minato ward -- which includes Roppongi Hills, home to Goldman Sachs Group's Japan headquarters -- a boring machine has carved out the city's newest ...
China Investment Firm to Buy Big Stake in Ironshore
An investment group from China will buy a big stake in in Ironshore Inc., a billion-dollar insurance holding company led by former AIG executives that filed plans for a $100 million IPO in late June. ...
Amlin First-Half Profit Takes Hit from Catastrophe Losses
Amlin Plc, the second-biggest Lloyd's of London insurer by market value, posted an eight percent drop in first-half pretax profit on losses from foreign exchange and natural catastrophes. Profit ...
Former Zurich CEO Schiro, Goldman Director, Dies
James Schiro, who led Zurich Financial Services AG through the credit crisis and became Goldman Sachs Group Inc.'s lead independent director, has died. He was 68. He died on Aug. 13, according to an ...