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...
Europe’s Heatwave Was Even Hotter With Impact of Climate Change: Research August 6, 2019 By Eric Roston Heat scorched Western Europe this July in what will likely be confirmed as the hottest month in recorded history, according...
Notre-Dame Site Carries Risk of Lead Poisoning and Should Be Sealed, Say Paris Groups August 6, 2019 By Gregory Viscusi Paris’s Notre-Dame Cathedral should be fully sealed off while it is rebuilt because of the risk of lead poisoning, according...
Hong Kong Protestors Move to Shut Down Financial Hub with General Strike August 5, 2019 By Iain Marlow and Shawna Kwan Hong Kong leader Carrie Lam warned of a “very dangerous situation” as protesters moved to shut down the Asian financial...
Arthur J. Gallagher & Co. Acquires Wales-Based Adjusting Associates August 5, 2019 Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett International Ltd., has acquired the assets...