Typhoon Lekima to Weaken Before Hitting Shanghai this Weekend August 8, 2019 By Brian K. Sullivan A storm swirling over the Pacific Ocean east of Taiwan is threatening to become a super typhoon before weakening and...
CBA Joins Other Australian Companies with Aims to Cut Coal Exposure August 8, 2019 Commonwealth Bank of Australia became the latest company to join a global push to reduce emissions and said it would...
Willis Towers Watson Releases Updated Version of Radar Pricing Software August 7, 2019 Willis Towers Watson has released an updated version of its Radar pricing software. With regulatory pressure increasing to demonstrate transparency...
Argo Group’s Q2 Net Income Drops as Combined Ratio Climbs August 7, 2019 Argo Group International Holdings Ltd. reported a drop in net income and a spike in its Q2 2019 combined ratio,...
UK and EU Continue to Trade Blame over Failure to Negotiate New Exit Deal August 7, 2019 By Stuart Biggs Michael Gove, the minister in charge of planning for a no-deal Brexit, blamed the European Union for failing to engage...
Munich Re Reports 36% Rise in Q2 Net Profit on Lower Claims from Major Losses August 7, 2019 German reinsurer Munich Re on Wednesday reported a 36% rise in net profit in the second quarter, helped by low...
German Bank Seeks to Seize Ships for Breach of Iran Sanctions August 6, 2019 By Saket Sundria, Serene Cheong and Dan Murtaugh Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were cited in court filings by a bank...
Chubb appoints Kwan as Division Head of Property & Casualty for Singapore August 6, 2019 Chubb announced the appointment of Eric Kwan as division head of Property & Casualty for Singapore, effective Aug.5, 2019. He...
Legacy Acquirer DARAG Signs Portfolio Transfer Agreement with Germany’s SOVAG August 6, 2019 DARAG Group Ltd., the Malta-based legacy acquisition firm, announced it has signed a portfolio transfer agreement with German re/insurer Schwarzmeer...
Japanese Flying Car Takes Flight – For About a Minute August 6, 2019 By Ma Jie It was caged and only hovered for about a minute, but it flew: a new flying car. Made by NEC...