How Safe Must Driverless Vehicles Be to Be Accepted? Very Safe. May 31, 2018 The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles...
AXIS Re Reports Organizational Changes, Market Expansion Plans May 31, 2018 AXIS Re, the reinsurance segment of AXIS Capital Holdings Limited, has announced organizational changes to improve client service and plans...
Ex-Chairman of China’s Anbang Insurance Files Rare Appeal of Fraud Conviction May 31, 2018 The former chairman of China’s Anbang Insurance Group Co., Wu Xiaohui, has lodged an appeal against his conviction for fraud...
Rampant Brazil Cargo Theft Disrupts Retail, Drives Up Insurance Rates May 31, 2018 By Gram Slattery In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees...
IMF Urges China to Accelerate Opening of Economy to Outside World May 30, 2018 China has made progress on reforms but should allow market forces to play a more decisive role and accelerate its...
Allianz Group to Acquire 8% of Africa Re May 30, 2018 Allianz Group has agreed to acquire eight percent in African reinsurer Africa Re. The total cash consideration payable at closing...
Aon Names Hennessy to Head New Carrier Solutions Group May 30, 2018 Insurance broker Aon has appointed Karl Hennessy as chief executive officer of the firm’s newly created Carrier Solutions group. The...
Unsafe Conditions in Mexico Scaring Off Businesses May 30, 2018 By Maria Verza Canada’s Pan American Silver Corp. said it is cutting back operations at its mine in northern Mexico due to safety...
European Insurers Bypassing U.S. Treasuries May 29, 2018 By John Ainger U.S. Treasuries need to get a lot cheaper to attract some European investors. Even with yields at multi-year highs, Treasuries...
Insurance Broker Ed Wins License to Transact Business in Jersey May 29, 2018 Insurance and reinsurance broker Ed has been granted a license to carry out general insurance mediation business by the Jersey...