After gaining success in ride-hailing, Grab co-founder Anthony Tan is pushing his startup into a new challenge: catering to those under-served by traditional financial institutions in Southeast Asia. Tan, together with GrabPay Southeast Asia Managing Director Jason Thompson, laid out …
Marsh has announced that it has joined the Enterprise Ethereum Alliance (EEA), an open source blockchain initiative with 400 member companies. The EEA seeks to create open industry standards and frameworks for blockchain applications based on the core Ethereum platform. …
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointments of Geoffrey Bull, as casualty treaty underwriter, and Jaime Garcia-Anton Lopez, as professional indemnity (PI) underwriter. Bull and Garcia-Anton Lopez take up their roles immediately. Bull will …
Mossack Fonseca, the Panamanian law firm at the center of the “Panama Papers” scandal, said on Wednesday it was shutting down due to the economic and reputational damage inflicted by its role in the global tax evasion debacle. The so-called …
London’s future as a global financial center is uncertain because of Brexit and Britain faces a tough task to secure European Union market access for its banks and insurers, a top UK regulator said on Wednesday as he steps down. …
Munich Re, the world’s largest reinsurer, is in talks to acquire a plot that has approval for one of the tallest towers in the City of London financial district, people with knowledge of the plan said. The insurer is negotiating …
The National Weather Service confirms two tornadoes touched central Mississippi Sunday. No one was injured. A survey shows a twister with top winds of 90 mph (145 kph) struck Bentonia at 1:37 a.m. Sunday. The tornado, rated EF-1 on the …
Kentucky Gov. Matt Bevin is requesting a presidential disaster declaration for 22 eastern Kentucky counties where damage occurred during severe flooding last month. Bevin’s office said in a news release Monday that the flooding caused over $18 million in damages …
A deadly fire in a high-rise Florida condominium had firefighters pulling people off balconies as smoke quickly spread early Tuesday. One man was killed, seven other residents were hospitalized and about 100 people have been displaced from the building. Pompano …
Samuel Merksamer, who represents billionaire Carl Icahn on the board of American International Group Inc., will not seek re-election to the post at the insurer’s annual meeting in May, the company said in a filing on Wednesday. Merksamer, who has …
