Carmakers on Mobility Utopia: ‘Show Us the Money’ March 5, 2019 By Alexandra Semenova Jim Hackett’s first job at Ford Motor Co. was to figure out ways to make money that didn’t involve selling...
Berkshire Hathaway Insurance Group Forms Irish Subsidiary in Preparation for Brexit March 5, 2019 Berkshire Hathaway Insurance Group announced that Berkshire Hathaway European Insurance DAC (BHEI) has been granted a license to operate as...
Trump Administration Allows Lawsuits Against Some Businesses in Cuba March 5, 2019 By Lesley Wroughton, Patricia Zengerle and Matt Spetalnick The Trump administration said on Monday it would allow lawsuits by U.S. citizens against dozens of Cuban companies and other...
Industry Eyes Renewal of U.S. Terror Reinsurance and Alternatives Should Congress Fail March 5, 2019 By Suzanne Barlyn U.S. insurers are pushing for the extension of a federal terrorism risk insurance program, hoping to fend off a possible...
Aon Partners with Insurtech Firm Skytek to Track Marine Risk Accumulations March 5, 2019 Aon plc is partnering with software company Skytek to provide real-time monitoring of insurers’ marine risks, identifying accumulations for enhanced...
Vietnam Says ‘Drastic Measures’ Needed to Fight Spread of African Swine Fever March 5, 2019 Vietnam’s prime minister has called for “drastic measures” to fight the spread of African swine fever in the Southeast Asian...
Update: Crane Collapses at Eni’s Italian Offshore Oil Platform; Operator Killed March 5, 2019 One person died and two people were injured when a crane collapsed at an Italian offshore oil platform run by...
Aviva’s CEO Needs Time for Success, but Investors Won’t Have Much Patience: Opinion March 5, 2019 By Elisa Martinuzzi After searching far and wide for a new CEO for the past five months, Aviva Plc is sticking with a...
UK’s Aviva Names Company Veteran, Tulloch, as CEO – After 5-Month Search March 5, 2019 After a five-month search for a new chief executive officer, UK’s Aviva plc has promoted a company veteran, Maurice Tulloch,...
China Seeks to Reach Deal with U.S. to Open Financial Sector, Despite Difficult Talks March 5, 2019 By Ryan Woo and Stella Qiu China can “absolutely” reach an agreement with the United States on opening up its financial sector, China’s top banking regulator...