News
Hitachi Driverless Robot Eventually Could Replace Warehouse Workers
In a warehouse in Noda city, east of Tokyo, a robot with wheels zips around to pick up boxes of goods and carries them to a shipping container. It's Hitachi Ltd.'s vision for the future. The Japanese ...
Amlin’s Pending Acquisition Puts Spotlight on 4 Remaining Publicly Traded Lloyd’s Insurers
Amlin Plc's $5.3 billion takeover by a Japanese competitor has put the remaining four publicly traded Lloyd's of London insurers in the spotlight for a possible takeover. Beazley Plc, Hiscox Ltd., ...
Report Finds Some Baby Monitors Lack Security Features
Several of the most popular Internet-connected baby monitors lack security features, making them vulnerable to even the most basic hacking attempts, according to a new report from a cybersecurity ...
Autonomous Cars (and Their Hacking Risks) Move Insurance Liability to Manufacturers
Hacker attacks or faulty software could shift the burden of legal and regulatory liability toward makers of self-driving cars and away from customers, experts say, forcing regulators and insurers to ...
ACE Fleshes Out Post-Chubb Merger North American Executive Team
ACE Ltd. has fleshed out the leadership team for its post-merger North America business units and major product lines. The crew set to take charge once ACE's $28.3 billion acquisition of The Chubb ...
PartnerRe Names President; Acquirer EXOR Approves
PartnerRe, in the process of being acquired by the Italian investment firm EXOR, has had an interim leader for months. The Bermuda-based reinsurer has finally addressed this, naming a new president ...
Lloyd’s City New Risk Index Aims to Raise Awareness of Systemic Risks Facing Major Global Cities
The costs of natural and manmade threats could put at risk $4.6 trillion of the total projected GDP of 301 of the world's major cities between 2015 and 2025, according to the findings of the Lloyd's ...
RSA Selling Latin American Operations to Suramericana SA for $620M
RSA Insurance Group plc, which received a takeover approach from Zurich Insurance Group AG, agreed to sell its Latin American operations to Suramericana SA for about 403 million pounds ($620 million) ...