International
ACE Names Sullivan Chairman for Asia Pacific; Ortega, McNamee to New Posts
The ACE Group has named Damien Sullivan as chairman of the company's Asia Pacific region. He is currently the region's president. As chairman he will focus on governance, strategic planning and ...
9 Global Insurers to Face Higher Capital Standards, Tougher Supervision
Top insurers will have to hold more capital from 2019 to cover risks they pose to the financial system should they go bust, global regulators said on Thursday. Regulators also released an initial ...
Allstate Selling Lincoln Benefit Life to London Group for $600M
Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 ...AIG to Merge Japanese Units Fuji Fire, AIU
American International Group Inc., the insurer that repaid a U.S. government bailout last year, announced plans to merge two insurance units in Japan. AIU Insurance Co. and Fuji Fire & Marine ...
Apple Controversy Lays Bare Complex Irish Tax Web: Reuters Report
Occupying a single floor of a three-story building in a suburban Dublin office park, Western Union's offices are notably modest for the international headquarters of the world's largest money ...
Survivors Of Quebec Train Crash To File Class Action Suit
Two residents of the Quebec town of Lac-Megantic, where a runaway train derailed and exploded into a wall of fire that killed 50 people, have launched a class action lawsuit to win compensation for ...
India’s Flood Missing At 5,748 In Worst Disaster Since Tsunami
Indian authorities said more than 5,000 people are missing following last month's flash floods in the north in what could be the country's worst natural disaster since the Indian Ocean tsunami almost ...
UK Fraud Prosecutor Charges Two Brokers In LIBOR Probe
Britain's fraud prosecutor on Monday charged two former brokers at interdealer broker RP Martin with rigging LIBOR benchmark interest rates, broadening the scope of the investigation into the scandal ...