International
Tonga Receives First Payout from Pacific Insurance Pilot for Cyclone Ian
The World Bank said that Tonga will be the first country to benefit from a payout under the Pacific Catastrophe Risk Insurance Pilot and will receive an immediate payment of US $1.27 million towards ...
Point/Counterpoint: Analysts Take Opposing Sides on Proposed Accounting Standards
Opinions vary widely among property/casualty insurance experts on the desirability of accounting standards being proposed by the Financial Accounting Standards Board and the International Accounting ...
Ford Teams with MIT, Stanford to Research Autonomous Driving
Ford Motor Co. said it is joining with two top U.S. universities to launch research into automated driving technology. The automaker said it will work with Stanford University and the Massachusetts ...
Insurer Steps Up With Loan for U.K. Beermaker as Banks Retreat
When Anthony Woodhouse needed to refinance a bank loan and invest in his family's 236-year old brewery and pub chain his advisers sent him to an insurer. M&G Investments, a unit of Prudential ...
Driving Losing Some Of Its Appeal But Reasons May Vary By Country
Car use appears to have leveled off and even started falling in many of the world's advanced economies long before the global downturn in 2008, according to transport experts. The slowdown brings to ...
Ex-Treasury Deputy Wolin Says Federal Insurance Office Makes Sense
To make continued improvements in the U.S. insurance regulatory system, it's imperative for state and federal officials to work collaboratively and share information and perspectives, said former ...
Munich Re’s Hartford Steam Boiler to Buy Hartford Building
Munich Re, the world's largest reinsurer, said its Hartford Steam Boiler agreed to buy the 24- story building that serves as the unit's headquarters. The structure at One State Street in Hartford, ...
Generali Will Sell Asset Manager BSI Group: CEO
Assicurazioni Generali SpA, Europe's third-largest insurer, will sell Swiss asset-management unit BSI Group as part of its disposal plan to boost capital. "We will sell BSI for sure, we have plenty ...