Parade of Probes Underway to Pin Blame for Britain’s Blackout August 20, 2019 By Jeremy Hodges and William Mathis The lightning strike that triggered Britain’s biggest blackout in more than a decade has also spawned a flurry of investigations...
U.K.’s RSA Group Makes Market Move Despite Its Safety from No-Deal Brexit August 20, 2019 RSA Insurance Group Plc is issuing sterling debt well ahead of an October 31 Brexit deadline, even though the U.K....
German Firm Quits Safety Inspection Business Following Brazilian Dam Collapse August 20, 2019 By Alexander Hübner Germany’s TÜV SÜD has pulled out of conducting safety assessments of dams after the collapse of a Brazilian dam it...
Putin Vows Russian Nuclear Accident That Killed 5 Scientists Poses No Further Risk August 20, 2019 By Ilya Arkhipov President Vladimir Putin said there’s no risk from the explosion at a Russian military facility that caused a radiation spike...
AI-Underwritten Insurance Premiums to Go From $1.3B to $20B Globally by 2024: Juniper August 19, 2019 The value of global insurance premiums underwritten by artificial intelligence will exceed $20 billion by 2024, up from an estimated...
Leaked Document Warned of Fuel, Food, Medicine Shortages If No-Deal Brexit August 19, 2019 By Kate Holton and William James Britain will face shortages of fuel, food and medicine if it leaves the European Union without a transition deal, according...
Russia’s Yandex Accelerates Driverless Car Testing August 19, 2019 By Nadezhda Tsydenova Yandex, a Russian equivalent to Google, said it is considering expanding its fleet of self-driving cars to up to 1,000...
Novo Nordisk to Fight Danish Shareholder Lawsuit Seeking $1.75 Billion August 19, 2019 By Nikolaj Skydsgaard Danish insulin-maker Novo Nordisk said it would fight a lawsuit filed in a Danish court on Friday which alleges the...
Tokio Marine Joins Singapore Insurtech Program August 19, 2019 Japanese property/casualty insurer Tokio Marine Holdings announced a partnership with Plug and Play’s Insurtech program in Singapore. With this new...
AXA XL Adds Zurich’s Arezes as Senior Underwriter for Large Property in Canada August 16, 2019 AXA XL has added Jennifer Arezes to its property insurance team in Canada. Arezes is based in Toronto and will...