Insurers, Other Firms Criticize International Energy Report Over Climate Approach November 19, 2019 By Matthew Green and Jonas Ekblom Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned...
Japan’s Largest Insurers Take Another Hit from Typhoon Losses November 19, 2019 By Takahiko Wada A string of powerful typhoons that struck Japan has left scars on the country’s non-life insurers, with industry giants likely...
Bahamas Suffered $3.4B in Losses, 67 Deaths from Dorian; Hundreds Still Missing November 19, 2019 By Danica Coto Hurricane Dorian inflicted losses of about $3.4 billion on the Bahamas, an amount equal to one-quarter of the Caribbean archipelago’s...
Gallagher’s Artex Risk Completes Purchase of ILS Specialist Horseshoe Insurance November 18, 2019 Arthur J. Gallagher & Co. announced its captive and alternative risk transfer solutions subsidiary, Artex Risk Solutions Inc., has completed...
Microsoft Puts Israeli Facial Recognition Startup Under Ethics Microscope November 18, 2019 By Jeffrey Dastin Microsoft Corp. has hired former U.S. Attorney General Eric Holder to investigate whether the use of facial recognition technology developed...
Data Firm Palantir’s Partnership with Japan’s Sompo Insurance Targets Health, Cyber November 18, 2019 By Jane Lanhee Lee and Sam Nussey Silicon Valley data analytics company Palantir Technologies Inc. has established a joint venture with Japanese insurance holding company Sompo Holdings...
Demand for M&A Insurance Sees Significant Growth: Aon November 18, 2019 An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products,...
Smokers Who Switch from Tobacco to Vaping Rapidly Boost Heart Health: Study November 18, 2019 By Kate Kelland Chronic smokers who switched from tobacco cigarettes to e-cigarette vapes in a large randomized control trial saw a significant improvement...
Aviva to Retain China, Singapore Businesses After Conducting Asian Review November 18, 2019 By Lucca de Paoli and Benjamin Robertson Aviva Plc, the U.K. insurer that’s overhauling some businesses as part of its chief executive officer’s turnaround plan, is to...
Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency November 15, 2019 By Alessandro Speciale Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark...