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...
Super Typhoon Hagibis on Track to Hit Japan, Disrupting Rugby World Cup October 10, 2019 By Gearoid Reidy Two Rugby World Cup games pitting England against France and New Zealand against Italy have been called off as the...
Aon’s Reinsurance Solutions Business Launches Global Wholesale Committee October 9, 2019 The Reinsurance Solutions business of Aon plc has established a Global Wholesale Committee based in London. The committee has been...
Shell Units Sued in U.K. over Massive Nigerian Oil Spill in 2011 October 9, 2019 By Ellen Milligan Two Royal Dutch Shell Plc units were sued over their involvement in one of the largest oil spills in Nigeria’s...
Marsh JLT Specialty Aviation Hires 4 Execs from Aon, Global Aerospace and Swiss Re October 9, 2019 Marsh, the insurance broker and risk adviser, announced four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and...
Insurance Site, Other Businesses Battle Google Search Engine’s Escalating Costs October 9, 2019 By Amy Thomson “Where’s the best place to hide a body? The second page of a Google search.” The gallows humor shows that...
Hard Brexit Would Have ‘Significant Impact’ on U.K., Europe: Allianz Global Investors October 9, 2019 By Nishant Kumar Andreas Utermann has long brushed off the risk of a hard Brexit, arguing even a managed separation would be a...
Hub International Acquires Canadian Broker PDF Financial Group October 9, 2019 Hub International Ltd., the Chicago-based global insurance brokerage, announced it has acquired PDF Financial Group Inc. Terms of the transaction...
Greek Shipowner Torched His Tanker in $77 Million Insurance Fraud: London Judge October 9, 2019 By Franz Wild and Kit Chellel A Greek shipowner orchestrated a plan for men posing as pirates to attack and set fire to his tanker, in...