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...
AM Best Upgrades Credit Ratings of PartnerRe and Subsidiaries August 5, 2019 AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings...
Mexico Oil Company Pemex Offers Health Bonuses for Employees with Skinnier Waists August 5, 2019 By Amy Stillman At Mexico’s state-run oil company, skinnier waists mean bigger bonuses. Under Petroleos Mexicanos’s new collective bargaining contract with its union,...
Artificial Intelligence Helps to Contain Wildfires, Predict Wild Weather August 5, 2019 By Brian K. Sullivan On a tower in the Brazilian rainforest, a sentinel scans the horizon for the first signs of fire. Only these...
Vast Sahara Dust Cloud Hinders Formation of Tropical Storms in Atlantic August 3, 2019 By Brian K. Sullivan Dry air from the Sahara that’s carrying enough dust it can be seen from space is preventing thunderstorms over the...
While Ships in Persian Gulf Turn Off Transponders to Avoid Seizure, Collision Risks Rise August 2, 2019 By L.S. Howard Following weeks of mounting tensions in the Persian Gulf where vessels have been attacked and an oil tanker has been...
Arthur J. Gallagher Acquires Fullerton Health Corporate Services in Australia August 2, 2019 Arthur J. Gallagher & Co. announced that its risk management services subsidiary, Gallagher Bassett Services Inc., has acquired Fullerton Health...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
Why Year-Long Ebola Outbreak Hasn’t Triggered Payout from Pandemic Insurance August 2, 2019 By Karin Strohecker World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight after the latest...