Qatar Insurance Co., the largest insurance company in the Middle East, said it has completed acquisition of Antares Holdings Limited, a specialist insurance and reinsurance group operating in the Lloyd’s market. The company said all necessary regulatory approvals for the …
Cooper Gay & Co. Ltd. ,a London-based insurance and reinsurance broker, has appointed Alan Main as director of Reinsurance, effective immediately. Previously an executive director of Towers Watson UK, Main brings 40 years of experience to the Cooper Gay team. …
The National Insurance Crime Bureau’s (NICB) “Hot Spots” report examines vehicle theft data obtained from the National Crime Information Center (NCIC) for each of the nation’s metropolitan statistical areas (MSAs). For 2013, the 10 MSAs with the highest vehicle theft …
General Motors Chief Executive Mary Barra said on Thursday more recalls are possible as the No. 1 U.S. automaker grapples with a series of safety problems that have prompted the recall of 20 million cars. Barra’s comments in an interview …
Google has begun removing some search results to comply with a European Union ruling upholding citizens’ right to have objectionable personal information about them hidden in search engines. The so-called “right to be forgotten” was upheld by Europe’s top court …
The New York State’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers …
PZU SA, Poland’s biggest insurer, is selling 500 million euros ($681 million) of five-year bonds to help finance an acquisition. The state-controlled insurer is tapping the market after the European Central Bank cut its deposit rate below zero to fight …
The National Football League agreed to lift a cap on cash awards to settle concussion claims after a federal judge said she was concerned not all players could be paid from a proposed $675 million compensation fund. Under a revised …
A defamation lawsuit by former American International Group Inc. Chief Executive Officer Maurice Greenberg against Eliot Spitzer may move toward trial, a state judge ruled after throwing out many of the claims against the ex-New York governor. Greenberg, 89, sued …
Ironshore Inc. has increased its ownership of Lexon Surety Group to 20 percent under an option that it received as part of its initial investment in Lexon in 2013. Ironshore’s insurance subsidiaries will continue to provide quota share reinsurance and …
