News
Zurich Canada Revamps Both Its Organizational Structure and Executive Team
Zurich Canada announced a new organizational structure and team designed to simplify and strengthen the insurer's go-to-market approach. "We now have the structure in place to ramp up our support for ...
Congress Running Out of Time to Pass Self-Driving Vehicle Legislation
A push on Capitol Hill to speed development of self-driving vehicles may not cross the finish line in time for this Congress -- casting doubt on the future of unusually bipartisan legislation in ...
Cities Vulnerable to Climate Change Are Still Getting Their AAA Bond Ratings
Last fall, after a trio of deadly hurricanes, ratings companies warned vulnerable coastal cities to get ready for climate change -- or face higher borrowing costs on the $3.9 trillion municipal bond ...
Opinion: Money Managers Are Unlikely Activists to Push for Climate, Social Good
If you are looking to save the environment, address racial or gender discrimination, fight for human rights or tackle corruption, it looks like you have some unlikely allies: Money managers. Do not ...
AIG CEO Duperreault Cautions Initial 2019 Underwriting Profit Won’t Be ‘A Great One’
American International Group has continued to face General Insurance underwriting losses since President and CEO Brian Duperreault took the helm of the struggling insurer in mid-2017. He remains ...
Liberty Mutual’s Q3 Net Income a Robust $282M, Thanks to Fewer Catastrophes
Liberty Mutual and its subsidiaries reported net income of $282 million and $1.911 billion for the three and nine months ended Sept. 30, 2018 versus net loss attributable of $665 million and $188 ...
Progress Made on Plan to Give London’s Financial Industry Post-Brexit, Basic Access to EU
The United Kingdom and the European Union have made progress on a deal to give London's dominant financial center basic access to EU markets after Brexit, two British officials said, but no agreement ...
QBE Creates Three Global Units in Structural Revamp; Exec Teams Named
QBE announced changes to its structure, designed to further simplify its operations and build a more streamlined, agile and customer-oriented business. Following the underwriting remediation in Asia, ...