Global Safety Regulators Fault U.S., ‘Undue Pressure’ from Boeing for 737 Max Approval October 11, 2019 By Alan Levin U.S. aviation regulators assessing Boeing Co.’s 737 Max sometimes didn’t follow their own rules, used out-of-date procedures and lacked the...
Largest African Insurer Sanlam Plans to Continue Growth via M&A October 11, 2019 By Roxanne Henderson Africa’s largest insurer is getting breathing room to build on its biggest-ever acquisition and expand existing operations as rivals scale...
Beazley Appoints Turk to Lead Corporate Development as Goodman Retires October 11, 2019 Beazley has appointed Rachel Turk as head of corporate development, effective immediately, following the retirement of Mark Goodman. Turk joined...
Mediobanca Pressed to Grow via M&A and Rely Less on Its Prized Asset, Generali October 11, 2019 Mediobanca’s third-biggest investor Leonardo Del Vecchio called for it to get bigger through acquisition on Friday, stepping up his questioning...
No-Deal Brexit Could Endanger Billions of Data Transfers; Some Firms Move Data Centers October 11, 2019 By Thomas Pfeiffer and Thomas Seal If Britain hasn’t secured a deal to leave the European Union as the clock ticks past 11 p.m. on Oct....
London Company Market Premiums Rise by 8.1% in 2018 to £28.4B ($34.7B) October 10, 2019 Gross written premiums written by the London company market have increased by 8.1% to £28.437 billion ($34.7 billion) in 2018,...
Update: Super Typhoon Hagibis Tracks Toward Japan; Guy Carpenter, RMS Comment October 10, 2019 Super Typhoon Hagabis has been a category 5 for much of the first half of this week, but fortunately is...
Eastern Australia Wildfires Destroy Up to 30 Homes October 10, 2019 By Tristan Lavalette About 500 firefighters were battling out-of-control wildfires in eastern Australia that have destroyed up to 30 homes. More than 40...
Zurich Helps Firms Deal with Negative Interest Rates by Insuring Cash Parked in Vaults October 10, 2019 By Catherine Bosley In the Swiss canton of Zug, officials are going to extremes to avoid getting penalized by the world’s lowest interest...
Major Generali Shareholder, Mediobanca, Pushed to Alter Strategy for Insurer October 10, 2019 By Claudia Cristoferi and Gianluca Semeraro Eyewear tycoon Leonardo Del Vecchio on Wednesday urged Mediobanca to build up its investment banking business in a challenge to...