Billionaire investor Carl Icahn said he may seek to shake up leadership at American International Group Inc. after Chief Executive Officer Peter Hancock rebuffed his plan to split the insurer into three companies. Icahn will push for a measure that …
Allianz SE is turning its back on coal as returns evaporate from energy generation that is harmful to the environment. Europe’s largest insurer plans to exit holdings in mining companies and utilities that derive more than 30 percent of their …
ACE Ltd. announced the leadership team it intends to appoint for the Far East region of the new Chubb Group’s Overseas General Insurance division, which includes Japan. The leadership appointments will take effect upon completion of the acquisition of Chubb, …
ACE Ltd. announced members of the leadership team it intends to appoint for the European Group of the new Chubb Group’s Overseas General Insurance division, which includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Gibraltar, Hungary, Ireland, Italy, Netherlands, …
Allianz SE, Europe’s largest insurer, aims to generate an additional 6.5 billion euros ($6.9 billion) in annual premiums as the company focuses on its most profitable businesses. Allianz wants to achieve annual earnings per share growth of 5 percent on …
Leaders of 78 major companies urged governments on Monday to include the pricing of carbon emissions as part of policies to curb global warming, as world leaders prepare for a summit on climate change in Paris next week. Chief executives …
Weather related disasters such as floods and heatwaves have occurred almost daily in the past decade, almost twice as often as two decades ago, with Asia being the hardest hit region, a U.N. report said on Monday. While the report …
Gainesville, Fla., has moved a step closer to allowing medical marijuana dispensaries to set up shop in the city. City commissioners on Nov. 5 voted to change the city’s land development code to allow dispensaries in certain areas zoned for …
The Alabama Supreme Court has upheld a $15 million verdict over a wreck that killed a 13-year-old boy. Al.com reports the court didn’t issue an opinion explaining its decision when it was issued Nov. 20. The verdict was returned in …
Worley Claims Services, an insurance claims servicer in the United States, has acquired RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in Charlotte, North Carolina. Financial terms of the transaction were …
