News
India Recommends J&J Pay Patients Compensation Over Recalled Hip Implants
A government panel has recommended that Johnson & Johnson (J&J) pay compensation of at least $28,500 to each Indian patient who suffered from artificial hip implants the U.S. healthcare firm ...
October Brexit Deadline May Quietly Go Away
The U.K. and the European Union still say in public they want a Brexit deal wrapped up in the next seven weeks. Behind the scenes, though, senior officials on both sides admit this is unlikely. They ...
Watsa’s Fairfax Financial Donates $1M Toward Flood Recovery/Relief in India
Fairfax Financial Holdings Ltd. said it is donating $1 million toward relief and recovery involving the recent floods in Kerala, India. The donation will be primarily through the Red Cross. Prem ...
Insurers Can Handle Hurricane Lane’s Hawaii Damage: A.M. Best
Hurricane Lane may have caused widespread floods and landslides in Hawaii, but insurers should be equipped to handle any losses, A.M. Best said in a new briefing. The ratings agency said that most ...
Executives On The Move at Allied World, CyberCube and At-Bay
Risk analytics startup CyberCube is bringing on a former Swiss Re executive as part of its board of directors. Allied World promoted one of its rising executives to a position involving Asia Pacific ...
Navigators Exec Cameron Will Be Next Leader of Lloyd’s Market Association
Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd's Market Association (LMA), following the announcement that David ...
Another Tally Leaves Puerto Rico Hurricane Maria Deaths Much Higher Than Initial Count
Nearly 3,000 Puerto Ricans died due to Hurricane Maria, according to a George Washington University report commissioned by Governor Ricardo Rossello that's the latest to assert that the island ...
Buffett’s Berkshire Hathaway Invests in India-Based Digital Payments Company
Berkshire Hathaway Inc has acquired a 25 billion rupees ($356 million) stake in the parent of digital payments company Paytm, a source said, its first investment in an Indian startup as it moves into ...