News
Fiat, Google Team Up on Self-Driving Minivan Fleet
Fiat Chrysler Automobiles NV and Alphabet Inc.'s Google plan to develop about 100 self-driving prototypes based on the carmaker's Pacifica minivan, the companies said Tuesday. The collaboration is ...
Sapnar Elected RAA Board Chair
Michael Sapnar, president and CEO of Transatlantic Re, was elected chair of the Reinsurance Association of America's board of directors at the 48th annual meeting on April 28, 2016. Sapnar is ...
Two Sigma Co-Founder Siegel: Machines Taking Over Human Jobs Worrisome
David Siegel, co-founder of $35 billion quantitative hedge fund Two Sigma, says he's "very worried" that machines could soon cost large swaths of the global workforce their jobs. "Most people in the ...
RSA More Valuable Since Zurich Bid Dropped: CEO Hester
RSA Insurance Group Plc Chief Executive Officer Stephen Hester says the company, which was the subject of an abandoned 5.6 billion-pound ($8.1 billion) takeover offer, is now much more valuable for ...
Japanese M&A Wave to Continue in U.S. Insurance Market: Bankers
Japanese insurers made more than $18 billion worth of acquisitions in the U.S. last year, and their spending spree isn't over yet, industry dealmakers said on Tuesday. Japan has a number of large, ...
U.S. Mortage Insurance Brightens an Uneven 2016 Global Market: S&P
Mortgage insurers in the U.S. are set for a robust 2016, a bright spot in an otherwise uneven global market, where success will depend on the region of the world in which carriers are doing business, ...
MAPFRE Promotes CEO Credited with Greatly Expanding U.S. Operations
MAPFRE S.A. made two big changes to its global executive roster, with one executive in particular gaining a greater role after successfully growing the insurer's U.S. operations. The Spanish ...
Russian Computer Hacker Rewarded for Aiding U.S. Prosecutors
A Russian who admitted creating a computer virus that infected more than 1 million computers worldwide was spared from additional prison time on top of the the three years he's already spent locked ...