News
Post-Brexit, Ireland Moves Quickly to Lure UK Financial Jobs
Irish recruiters are already filling jobs for financial services firms which are shifting some operations from the United Kingdom, with Dublin moving fast to steal a march on rivals just a month ...
Berkley Chairman: Brexit Risks Addressed With Liechtenstein Office
W.R. Berkley Corp.'s legendary chairman said that the insurer should see limited impact following the United Kingdom's vote to pull out of the European Union, due in large part to a risk management ...
Progress Made Containing Massive California Wildfire
Containment has increased on a wildfire north of Los Angeles, which has grown to more than 58 square miles. Officials report the blaze is 25 percent surrounded as of today, and most of the evacuation ...
Coverage Innovation: Why and How Ironshore Developed a Cyber Warning Endorsement
Computer Hacks. In 60 percent of cases, attackers are able to compromise an organization within minutes, according to the Verizon 2015 Data Breach Investigations Report. Data Loss.Forty-three percent ...
Everest Re’s Q2 Net Income Battered by Catastrophe Costs, Investment Declines
Bermuda-based Everest Re Group Ltd. reported second quarter 2016 net income of $155.7 million, or $3.67 per diluted common share, compared to net income of $209.1 million, or $4.68 per diluted common ...
Report: Evidence Emerges Fiat Chrysler U.S. Sales Figures Were Inflated
An internal review begun at Fiat Chrysler Automobiles in 2015 found its U.S. sales figures were inflated, partly due to pressure to keep a year-over-year monthly sales streak alive, the Automotive ...
Goldman Sachs Accused of Selling Out Client to Curry Malaysian PM’s Favor
Goldman Sachs Group Inc. has another Malaysia problem. The New York-based bank, already under scrutiny by regulators over its fundraising for the embattled 1Malaysia Development Bhd, is now accused ...
Everest Re Will Unload U.S. Crop Insurance Subsidiary, Provide Reinsurance Cover
Everest Re Group, Ltd. plans to sell its U.S. crop insurance subsidiary, but still keep a hand in the business through reinsurance. The deal, announced July 25, calls for CGB Diversified Services ...