It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported Wednesday, …
The Aral Sea was once the world’s fourth largest inland lake. Today, it’s the epitome of environmental malpractice. More than 60 million people in six nations—Afghanistan, Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan—rely on the rivers leading to the Aral. In …
The European Commission is considering stress tests and measures to force financial firms to raise their buffers against climate-change risks, the EU financial services chief said on Wednesday. The move would represent a major change in the bloc’s climate policy …
CSAA Insurance Group has named Ryan Vigus executive vice president, personal lines product, and Eric Ummel, executive vice president, commercial lines product. Vigus leads CSAA’s auto and home personal lines. His team develops and manages insurance products that serve the …
The board of Google parent company Alphabet Inc. is investigating executives’ handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing. CNBC first reported the investigation on …
On a cold morning last March, Kenny Angel got a frantic knock on his door. Two workers from a utility company in northern Nebraska had come with a stark warning: Get out of your house. Just a little over a …
AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alex Kaplan executive vice president for Alternative Risk. In his new role, Kaplan will lead a new strategy around the development of parametric solutions and other …
Pioneer Programs Insurance Solutions, LLC, has partnered with U.S.-based security leader 1st Watch Global and London-based EC3 Brokers to launch a new targeted violence program that combines comprehensive insurance coverage with risk management assessment. Backed by Lloyd’s capacity, the program …
Gary Kitchen has been promoted to president, MGA Division, at Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter. Kitchen’s insurance industry career spans nearly three decades. He entered the insurance industry in Sacramento with …
Arthur J. Gallagher & Co. has acquired The EHE Group LLC, dba BonusDrive, which has offices in Austin, Texas, and Auburn Hills, Michigan. Terms of the transaction were not disclosed. BonusDrive offers a national automobile voluntary benefit program to channel …
