Uber’s Self-Driving Car That Killed Pedestrian Lacked Tech to Detect Jaywalkers November 7, 2019 By Ryan Beene and Alan Levin Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react...
Changes at Top at Lockton: Clune to Become CEO; Ron Lockton to Chairman November 7, 2019 Peter Clune will succeed Ron Lockton as chief executive officer at private global insurance broker Lockton, succeeding Ron Lockton who...
Aviva U.K. Unit Dismisses Fears that ESG Investing Hampers Financial Returns November 7, 2019 By Alice Gledhill A major U.K. institutional investor has dismissed a commonly-held fear of ESG investing — that it hampers financial returns. Aviva...
Legacy Specialist Compre Buys 2nd Portfolio from Belgium’s AG Insurance November 7, 2019 Compre, the London-based independent re/insurance legacy specialist, announced it has signed agreements to transfer an inwards reinsurance portfolio from AG...
French Search Teams Find Fragments of Airbus Engine that Exploded in Flight November 7, 2019 French volunteer search teams have found fragments from an engine that exploded in mid-air over eastern France in July, officials...
China Pacific Eyes Swiss Re Stake but Real Target Might Be London Listing: Opinion November 7, 2019 By Nisha Gopalan, Bloomberg Opinion It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co....
The Aral Sea Is Dying — A Victim of Environmental Malpractice November 7, 2019 By Eric Roston The Aral Sea was once the world’s fourth largest inland lake. Today, it’s the epitome of environmental malpractice. More than...
EU Weighs Stress Tests to Improve Financial Firms’ Buffers Against Climate Risks November 7, 2019 The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks,...
CSAA in California Names Vigus and Ummel Executive Vice Presidents November 7, 2019 CSAA Insurance Group has named Ryan Vigus executive vice president, personal lines product, and Eric Ummel, executive vice president, commercial...
Google Parent Company Investigating How Sexual Misconduct Claims Were Handled November 7, 2019 By Paresh Dave The board of Google parent company Alphabet Inc. is investigating executives’ handling of sexual harassment and other misconduct claims, and...