August 15, 2017
First of Two Articles After 44 years in the insurance business, Stephen Catlin is retiring at the end of 2017. While he’ll be retiring from his role as executive deputy chairman of XL Group, he emphasizes that he won’t be …
August 15, 2017
Waterloo, Ontario-based Economical Insurance has appointed Roger Dunbar as the senior vice president of Sonnet Insurance, Economical’s digital direct channel. Previously, Dunbar was vice president, Marketing, at Trader Corporation where he led Trader’s consumer and business-to-business strategies, and business intelligence. …
August 15, 2017
Britain has said it wants an interim customs agreement with the European Union after Brexit to allow the freest possible trade of goods, but that it will also seek the right to negotiate other trade deals — a possible sticking …
August 15, 2017
Things could get rougher for global reinsurers if annual natural catastrophe claims keep moving closer to the long-term average, Standard & Poor’s said in a new report. It turns out that upward trend has been substantial. As indicated by Aon …
August 14, 2017
Financial markets are showing some signs of volatility these days after exceptionally low indicators since the start of the 2017. The Chicago Board Options Exchange Volatility Index, or VIX, is at its highest level this year. The VVIX Index, which …
August 14, 2017
The Brexit deadline of March 2019 creeps ever closer, and exit talks are under way — but Britain’s government still doesn’t know what it wants. This failure to set a clear goal, much less devise a strategy for achieving it, …
August 14, 2017
Taxi app Uber will improve conditions for its British drivers with changes including in-app tipping, after criticism from lawmakers and unions for not giving them more rights. Drivers for Uber, food courier Deliveroo and other apps tend to work for …
August 14, 2017
Climate change is affecting the timing of river floods across Europe and societies may have to adapt to avoid future economic and environmental harm, scientists said. River floods are among the costliest natural disasters worldwide, causing annual damages of more …
August 14, 2017
Traffic to and from Antwerp, Europe’s second-biggest port, was halted on Monday after a container ship ran aground on the banks of the river Scheldt which connects the port to the North Sea. A spokeswoman said workers were trying to …
August 14, 2017
The European Union said Friday [July 11] that it plans to hold an extraordinary meeting late next month over a growing tainted egg scandal as it revealed that products contaminated with an insecticide have now spread to 17 countries. Millions …