Insurers Hope Insurtech Will ‘Nudge’ Customers to Less Risky Behaviors September 19, 2017 By Jemima Kelly and Carolyn Cohn Insurers are counting on real-time technology to help them cut back payouts, from a system warning ships of nearby pirates...
Chinese Insurer ZhongAn Initiates $1.5 Billion Hong Kong IPO September 18, 2017 By Crystal Tse ZhongAn Online P&C Insurance Co., China’s largest online insurer, started taking orders for a Hong Kong initial public offering that...
Category 5 Hurricane Maria Slams Dominica on Way to Virgin Islands, Puerto Rico September 18, 2017 By Alvin Baez Hurricane Maria caused “mind boggling damage,” ripping off roofs across the small island of Dominica before pushing on toward the...
How One German Company Is Making Workplace Robots Safer for Humans September 18, 2017 By Oliver Sachgau Two years ago, a robot crushed a 22-year-old man to death at a Volkswagen AG factory in Germany after the...
Audi Goes Full Speed on Automated Driving, While Competitors Wary of Liability, Regulation September 18, 2017 By Georgina Prodhan and Agnieszka Flak German carmaker Audi is taking a lead in bringing more automated driving to roads, but rivals seem in no rush...
Britain to Lose Out on 10,000 Finance Jobs in First Wave of Brexit Reaction: Reuters Survey September 18, 2017 By Carolyn Cohn, Simon Jessop and Andrew MacAskill Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the...
Hurricane Maria Speeds Up, Threatening Already-Battered Caribbean Islands September 17, 2017 By Michael Sasso and Simone Foxman For the third time this month, a hurricane is spinning toward the already battered Caribbean and gathering strength along the...
How New EU Rules Make It Tougher for Insurers, Hedge Funds to Manage Currency Risk September 15, 2017 By Saikat Chatterjee New European Union regulations on foreign exchange trading will make it harder and more expensive to manage currency risk, traders...
AIA and Zurich Make Separate Bids for Australian Insurance Businesses: Reuters September 15, 2017 By Sumeet Chatterjee Hong Kong-based insurance giant AIA Group Ltd. has shown interest in buying Commonwealth Bank of Australia’s insurance business, which is...
Standard Chartered Meets with British Authority Overt Indonesia Bribe Allegations September 15, 2017 Standard Chartered was to meet Britain’s Financial Conduct Authority this week over allegations of corruption at an Indonesian power plant...