AIG’s Plan to Divest Life & Retirement Business Could Prompt Ratings Downgrades November 2, 2020 By Mark Hollmer American International Group’s plan to downsize by divesting its Life & Retirement (L&R) business is drawing cautious and wary reactions...
Guy Carpenter Launches Mutual, Agency and Captive Reinsurance Solutions Practice November 2, 2020 Guy Carpenter & Co., the reinsurance broker subsidiary of Marsh & McLennan Cos., announced the launch of a new marine...
Update: Insurance Price Tag from Hurricane Zeta Estimated at $4.3B in U.S. November 2, 2020 Insurers are bracing for a hit of about $4.3 billion from Hurricane Zeta in the United States, catastrophe modeling company...
Russia-Based Hackers Plan New Wave of Attacks Against U.S. Hospitals: Security Firm November 2, 2020 By Alyza Sebenius, William Turton and Michael Riley A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple...
Rescue Efforts Continue After Earthquake Strikes Turkey, Greece with at Least 57 Dead November 2, 2020 By Mehmet Guzel and Zeynep Bilginsoy IZMIR, Turkey – Rescue workers extricated a 70-year-old man from a collapsed building in western Turkey on Sunday, some 34...
CoreLogic Shareholders Should Support Dissident Nominees for Board, Says ISS November 2, 2020 By Scott Deveau Two investors pushing CoreLogic Inc. to explore a sale won partial support from a prominent shareholder advisory firm, which urged...
Brexit Negotiations to Continue This Week as EU, UK Push to Save Trade Deal November 2, 2020 By Gabriela Baczynska EU and British Brexit negotiators will continue talks in Brussels on Monday and until around mid-week, sources on both sides...
Tropical Storm Eta Ties 2005 Record for Most Named Atlantic Storms in One Year November 2, 2020 By Brian K. Sullivan Tropical Storm Eta formed overnight [on Sunday, Nov. 1] in the Caribbean, becoming the Atlantic’s 28th storm of 2020 and...
Australian Pension Fund Agrees to Settle Landmark Climate Risk Litigation November 2, 2020 By Swati Pandey SYDNEY — One of Australia’s largest pension funds on Monday agreed to settle a landmark climate risk litigation filed by...
Japan’s Largest Airport Opens COVID-19 Testing Lab for Departing Travelers November 2, 2020 TOKYO — Japan’s largest airport opened a novel coronavirus testing facility on Monday as it takes steps to reopen international...