News
Brexit Will Move 5,000 UK Finance Jobs, Half of Earlier Projections: Reuters Survey
The number of finance jobs to be shifted out of Britain or created overseas by March 2019 due to Brexit has dropped by half compared to six months ago to 5,000 roles, firms employing the bulk of ...
AIG CEO Duperreault Got Paid $43.1M in 2017
American International Group paid its new chief executive Brian Duperreault $43.1 million last year, a securities filing showed on Tuesday. AIG, which during the financial crisis faced questions over ...
The Latest Launches From XL Catlin, Validus and Tokio Marine Kiln
XL Catlin and RedSeal have a new resilience measure designed to gauge risk and improve cybersecurity and insurance terms. Validus Specialty Underwriting Services Inc. and a new partner are offering ...
Starr, Skywatch Partner on Usage-Based, Telematics-Driven Insurance for Drones
Starr Companies said it will partner with risk analytics company SkyWatch to provide usage-based, telematics-driven insurance for the drone industry. Their deal will let drone operators obtain ...
Fatal Tesla Crash, Fire in Calif. Leads to U.S. Investigation
The U.S. National Transportation Safety Board is opening a field investigation of a fatal Tesla Inc crash and major vehicle fire near Mountain View, California, last week, the agency said on Tuesday. ...
Root Raises $51M to Fuel Further Growth of Telematics-Based Auto Insurance Biz
Root, an auto insurance startup centered around telematics, closed a $51 million venture financing designed to fuel expansion into more states and enable further investment in its core technology. ...
Uber Disabled Autonomous Vehicle’s Safety Tech Before Fatality
Uber Technologies Inc. disabled the standard collision-avoidance technology in the Volvo SUV that struck and killed a woman in Arizona last week, according to the auto-parts maker that supplied the ...
Swiss Banks Face Substantial Risk From Cyber Attacks: Regulator
Cyber-attacks pose the biggest threat to the Swiss financial system with risks from hacking incursions on the rise, watchdog FINMA warned on Tuesday, calling on Switzerland to step up its national ...