FWD Group, backed by billionaire Richard Li, has revived talks about a potential acquisition of the life insurance operations of Thailand’s Siam Commercial Bank Pcl after a two-year hiatus. Siam Commercial reached a preliminary pact with FWD on a potential …
Commodity giant Glencore on Friday said it had suspended operations at its McArthur River zinc mine in northern Australia as a cyclone approaches. Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears, with the …
John Pasquesi will replace Constantine “Dinos” Iordanou as Arch Capital Group Ltd.’s chairman of its board of directors in September when Iordanou completes his term. Iordanou joined Arch in 2002 to create its insurance segment and went on to serve …
The Bank of England will soon spell out how it wants banks, insurers and investment companies to manage the financial risks from climate change, Governor Mark Carney said on Thursday. The central bank under Carney has been vocal in highlighting …
European Union leaders staved off the threat of the U.K. crashing out of the bloc without a deal next Friday by giving Theresa May an extra two weeks to work out what to do. At a summit in Brussels on …
More than $40.5 million was recovered for Florida insurance consumers in 2018, including $17.4 million recovered for Hurricane Michael victims, by the state’s Insurance Consumer Helpline, according to a statement from Florida CFO Jimmy Patronis. Patronis said the Florida Department …
Police in West Virginia say an electric company employee has died in an accident at a customer’s home. News outlets report the accident happened Wednesday morning in the Harts community of Lincoln County. State police say an Appalachian Power truck …
The deluge that devastated so much of the Midwest over the last week could be a preview for one of the worst years for flooding in the U.S., according to federal weather officials. Now flooding is occurring at St. Joseph, …
Medicines proven to treat opioid addiction remain vastly underused in the U.S., the nation’s top medical advisers said Wednesday. Only a fraction of the estimated 2 million people addicted to opioids are getting the medications, according to a report by …
Bayer AG had hoped a new trial strategy focusing jurors on scientific evidence could stem a burgeoning tide of U.S. lawsuits over its glyphosate-based weed killer Roundup, but a second jury finding on Tuesday that the product caused cancer has …
