Hong Kong Insurers Say Sales Have Fallen to ‘Almost Nothing’ Due to Coronavirus February 6, 2020 For Hong Kong insurers, the coronavirus outbreak is a second blow. Already reeling from at-times violent demonstrations that slowed the...
China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted February 6, 2020 By David Stanway China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more...
Uber Wins Ruling That Drivers Are Not Employees in Brazil, Its 2d Biggest Market February 6, 2020 A Brazilian higher court for labor ruled on Wednesday that there was no employment relationship between Uber and its drivers,...
Nissan Autonomous Car Completes 230-Mile Journey in Britain February 6, 2020 By Costas Pitas CRANFIELD, England – A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such...
Axa in Talks to Sell Eastern, Central European Business to Austria’s Uniqa February 5, 2020 By Jan-Henrik Förster and Eyk Henning Axa SA is in advanced talks to sell its central and eastern European operations to Austria’s Uniqa Insurance Group AG,...
Britain’s Insurance Sector Urged to Compete by Selectively Diverging from EU Rules February 5, 2020 By Huw Jones A senior official from Britain’s insurance sector on Wednesday laid out the case for selective divergence from EU rules to...
Global Insurance Industry M&A Total Reached $12.92B in December February 5, 2020 Total insurance industry merger and acquisition (M&A) deals in December 2019 worth $12.92 billion were announced globally, according to GlobalData’s...
Google, Tinder Face Irish Regulatory Inquiries Over Location Data Handling February 5, 2020 Irish regulators have launched separate inquiries into Google and dating app Tinder over how they process user data, in a...
AXA XL Appoints Benet as Global Chief Underwriting Officer for Cyber February 5, 2020 To help manage its cyber risk portfolio worldwide, AXA XL has named Elizabeth Benet to the newly-created role of global...
Insurance Executive and Partners Seek $52 M in Sale of U.K. Soccer Team Sunderland February 5, 2020 By David Hellier Sunderland AFC’s owners are targeting a valuation of as much as 40 million pounds ($52 million) as they seek a...