Typhoon Hagibis is likely to be an earnings event for Japan’s three main non-life insurance groups, MS&AD Insurance Groups Holdings, Sompo Japan Nipponkoa Insurance and Tokio Marine & Nichido Fire Insurance Co. (TMNF), with no material effects on capital and …
Insurance broker Aon plans to move its parent company’s jurisdiction of incorporation to Ireland from Britain due to Brexit, it said in a statement on Tuesday. New York-listed Aon will keep its operational headquarters in London and the switch of …
Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley. One-quarter (24%) of all ransomware incidents reported to Beazley …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has commenced underwriting casualty and construction insurance in France and filled two key in-country leadership posts, naming Olivier Antiphon as head of Construction and Anne-Sophie Bonifay as head of Casualty. Antiphon comes to …
Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in flames at the weekend, and is unlikely to achieve any growth this year, the city’s Financial Secretary said. Black-clad and masked demonstrators set fire …
Chubb announced the appointment of Jonathan Poole as head of Middle Market for the UK and Ireland. In this role Poole will have overall responsibility for Chubb’s Middle Market strategy for the UK and Ireland which includes sales and distribution, …
Alabama Power Company has agreed to pay about $222,000 to settle a chemical spill that killed hundreds of fish near its coal-fired plant about 30 miles northwest of Birmingham, according to a notice Wednesday from the Alabama Department of Environmental …
Authorities say a 24-year-old construction worker was killed in an elevator mishap in Manhattan. It happened Thursday afternoon at a building on Broadway between 29th and 30th streets. Police say the worker was inside a construction elevator that was approaching …
An award-winning Vermont cheesemaker that sold its cheeses around the country is shutting down after a listeria outbreak and recall. Consider Bardwell in West Pawlett says that its current funds do not allow it to continue manufacturing and sell cheese. …
A Mississippi highway maintenance supervisor has been killed in an accident while clearing trees from a highway following stormy weather. The Mississippi Department of Transportation says in a news release that Jason Boyd died in the accident on Highway 489 …
