Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters October 27, 2020 By Jonathan Saul When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double...
China’s Ping An Insurance Reports 7.74% Hike in Q3 Profit October 27, 2020 By Engen Tham and Cheng Leng Ping An Insurance Group Co of China Ltd on Tuesday reported a 7.74% rise in net profit, its first quarterly...
UPDATE: Tropical Storm Zeta Makes Landfall in Mexico, Threatens U.S. Gulf Coast October 27, 2020 By Brian K. Sullivan Zeta will move into the Gulf of Mexico in the next few hours after making landfall on the Yucatan Peninsula,...
Investors Shrug Off U.S. Concerns as China’s Ant Group Nears $34.4 Billion IPO October 26, 2020 By Julie Zhu and Scott Murdoch Chinese financial technology giant Ant Group has set terms for a dual listing aimed at raising up to $34.4 billion...
Canada’s Brookfield Business Partners to Buy Remainder of Insurer Genworth for $1.2B October 26, 2020 Genworth MI Canada said on Monday real estate service provider Brookfield Business Partners will buy the remaining 43% stake it...
Coverys European Holdings Acquires Bridge Insurance Broker in Italy October 26, 2020 Coverys European Holdings (CEH), an agency platform and network specializing in European markets, has completed the 100% acquisition of Bridge...
BP Evacuates Staff from 4 Gulf of Mexico Oil Platforms as Tropical Storm Zeta Intensifies October 26, 2020 BP on Sunday said it has begun to evacuate four offshore U.S. Gulf of Mexico oil platforms and secure facilities...
Mining Giants BHP, Vale Accused of Colluding to Cut Payouts to Victims of Dam Collapse October 26, 2020 Brazilian federal prosecutors have accused mining giants BHP and Vale of colluding with a lawyer to reduce compensation for victims...
Big Tech Lobby Seeks EU Liability Cover to Tackle Hate Speech, Illegal Content October 26, 2020 By Natalia Drozdiak Big technology platforms are calling on the European Union to protect them from legal liabilities for removing hate speech and...
Australia’s Westpac Takes A$1.2B Charge Against Q2 Earnings for Laundering, Refunds October 26, 2020 By Edward Johnson Westpac Banking Corp. has taken a A$1.2 billion ($871 million) charge against second-half earnings to cover a record money-laundering fine...