News
Reuters: Regs Being Drafted to Prep Power for U.S. Solar Storms
U.S. electricity regulators have begun drafting new reliability standards to protect the power grid from a repeat of severe geomagnetic storms like those that crippled the U.S. telegraph service in ...
Brosnan Appointed CEO of Hardy
Hardy (Underwriting Agencies) Limited (Hardy) announced the appointment of David Brosnan as its chief executive on Wednesday. He replaces Barbara Merry as chief executive. Brosnan has also been ...
British Insurers Vow Quick Response for Flood Victims
British insurance companies told a meeting with government ministers yesterday they are prepared to act quickly to help victims of record floods that have so far caused an estimated 600 million ...
China Relaxes Investment Rules for Insurance Companies
China's insurance regulator loosened curbs on insurers' investments, scrapping ceilings on fixed- income holdings and simplifying rules to help the industry bolster returns. The China Insurance ...Swiss Re Expected to Trim Total Investor Payout After Acquisitions
Swiss Re Ltd., the world's second- biggest reinsurer, will probably trim its total 2013 payout to shareholders by about 3.6 percent after making acquisitions in emerging markets. It will cut its ...
Woodall, FSOC’s Insurance Expert, Approved as International Regulatory Observer
Roy Woodall, the insurance sector voting member of the Financial Stability Oversight Council, will finally be getting involved in the International Association of Insurance Supervisors (IAIS) but as ...
Automated Taxiing Technology to Boost CEOs’ Jet Safety
Cockpit technology to cut the risk of on-ground airport collisions is moving toward commercial adoption as Honeywell International Inc. targets business jets like those favored by chief executive ...
Traders’ Personal Stress May Drive Market Instability, Say Researchers
Financial markets may be more vulnerable to traders' stress levels than previously thought, according to a scientific study which found that high levels of the stress hormone cortisol can induce risk ...