Hyperion Insurance Group announced that Caisse de dépôt et placement du Québec (CDPQ), the long-term institutional investor and pension fund, will acquire a significant minority stake in the group. Investing more than US$400 million in new growth equity, CDPQ will …
Arthur J. Gallagher & Co. announced the acquisition of London-based Gatehouse Consulting Ltd. Terms of the transaction were not disclosed. Gatehouse Consulting is a full-service agency offering strategic communications support to UK multinational companies and multinational companies with a UK …
Law enforcement authorities must play a strong role to ensure there are suitable deterrents in place for those flying recreational drones to prevent danger to passenger aircraft, the International Air Transport Association (IATA) said on Tuesday. Risks posed by the …
An ex-chief insurance regulator for Missouri will take over the Association of Bermuda Insurers and Reinsurers starting in January 2018. John Huff, the immediate past president of the National Association of Insurance Commissioners, is succeeding Brad Kading, who is retiring …
The Bahamas, Fiji, Jamaica and the Maldives have been identified as among the most vulnerable small island sovereigns in a report on the credit implications of climate change. The Solomon Islands and St. Vincent and the Grenadines are equally at …
Self-driving vehicles will be ready to roll next year, though the work to make them affordable to individual consumers is still “in the first inning,” according to the CEO of a company working on the technology. Initial autonomous auto customers …
Britain’s cyber security agency has told government departments not to use antivirus software from Moscow-based firm Kaspersky Lab amid concerns about Russian snooping. Ciaran Martin, head of the National Cyber Security Centre, said: “Russia is acting against the U.K.’s national …
Ten people died and five were injured in a fire early Friday [Dec. 1] in a northern Chinese port city where scores were killed in an explosion two years ago. The fire department in Tianjin said the blaze broke out …
A pair of 23-year old students, Hugo Moreau and Paul Nicolet, came out on top in the final round of an inaugural blockchain competition held in Switzerland. The two Swiss masters students at École Polytechnique Fédérale de Lausanne (EPFL) successfully …
Britain’s largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car’s autopilot system, seeking to encourage use of a system it hopes will cut down on accidents. The move – …
