Malaysian Plane Tragedy Increases Pressure for Plane Tracking after MH370 April 6, 2014 By Andrea Shalal and Tim Hepher Four weeks into the hunt for MH370, pressure is building for better ways of tracking aircraft as regulators wrestle with...
Arthur J. Gallagher Buys New Zealand’s Mike Henry Brokers April 4, 2014 Arthur J. Gallagher & Co. has acquired Mike Henry Insurance Brokers Limited (MHIB), headquartered in Auckland, New Zealand. MHIB has...
Canada Supreme Court Agrees to Hear Chevron in $9.1B Ecuador Case April 4, 2014 The Supreme Court of Canada agreed on Thursday to hear an appeal by Chevron Corp. of a lower-court decision that...
Canadian Pacific Backs Insurance Mandate for Firms Shipping Oil by Rail April 4, 2014 By Randall Palmer Governments should require companies shipping crude oil by rail to carry enough liability insurance to make up for shortfalls in...
Allianz Expands in Canada to Energy, Mining Markets April 4, 2014 By Katia Dmitrieva Allianz SE, Europe’s biggest insurer, is expanding in Canada, targeting protection for the energy and mining industries. The insurer, which...
Zurich CFO’s Widow Rejects Insurer’s Report on Suicide; Zurich Defends Probe April 3, 2014 The widow of Zurich Insurance’s late finance chief on Wednesday rejected a report into his suicide, telling the Swiss company’s...
Alibaba’s Grand Vision for E-Commerce Empire Includes Insurance April 3, 2014 By Paul Carsten and Matthew Miller Alibaba, the world’s biggest e-commerce company, changed how China shops. Now the man driving its blockbuster U.S. stock sale wants...
UN Climate Chief Calls For ‘Urgent Transformation’ of Oil, Gas to Green Energy April 3, 2014 By Alister Doyle and Environmental Correspondent The U.N.’s climate chief called on the oil and gas industry on Thursday to make a drastic shift to a...
Ratings Roundup: Malayan Insurance, China Taiping, Energas April 3, 2014 A.M. Best has affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of the Philippines-based...
U.K. Financial Markets Watchdog Under Fire for Insurance Leak April 3, 2014 By Ben Moshinsky The U.K.’s top financial conduct watchdog’s first birthday today was marred by complaints from the government and lawmakers about its...