Machines Taking Over Jobs at Giant Copper Mine in Chile August 15, 2019 By Laura Millan Machines are taking over a giant Chilean copper mine, replacing about a third of the workforce as owner Codelco struggles...
Emergency Crews From Denmark Helping Greenland with Wildfires August 15, 2019 By Morten Buttler As scientists warn that Greenland is melting at a record pace, the island is relying on emergency services from outside...
Liberty Global Names Singh to Head M&A Transactions Insurance Tax Team in London August 14, 2019 Liberty Global Transaction Solutions (GTS) has named Jugdeep Singh as head of Tax, based in London. Singh will manage the...
Prudential to Complete Split of Insurance, Asset Fund by Year’s End August 14, 2019 By Simon Jessop and Carolyn Cohn Britain’s biggest insurer Prudential will complete a planned break-up of the company by the end of the year, with its...
Many Reinsurers Take Increased Catastrophe Risks as Rates Harden: S&P August 14, 2019 Some global reinsurers have chosen to stop retrenching from catastrophe risks, deciding instead to take advantage of higher premium rates...
China’s Anbang Insurance Selling $2.4 Billion in Japan Properties August 14, 2019 By Junko Fujita China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner...
With Smarter, Joined-Up Pricing, There’s No Such Thing as a Bad Risk: Viewpoint August 14, 2019 By Mark Eastham It’s a well-trodden truth in our industry that not all risks are created equal, and for insurers, that some risks...
Genworth to Sell Stake in Canada Mortgage Unit to Push China Deal August 13, 2019 By Divya Balji, Katherine Chiglinsky and Doug Alexander Genworth Financial Inc. agreed to sell its Canadian unit to Brookfield Business Partners LP for C$2.4 billion ($1.8 billion) as...
South African Retailer Steinhoff to Sell Assets After $7B Accounting Fraud August 13, 2019 Scandal-hit South African retailer Steinhoff said on Tuesday its only hope for survival is to sell off assets to become...
Hong Kong Plunging into ‘Panic and Chaos,’ Says Leader, as Protests Continue August 13, 2019 By Felix Tam and Brenda Goh Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil...