MANILA, Philippines – Rescuers in the southern Philippines found the bodies of four crew members Wednesday and rescued seven others who jumped off a cargo vessel, which took in water and listed after its anchor broke in rough seas, officials …
LONDON — Insurers want to put more money into private equity this year while scaling back on hedge funds, a survey by Goldman Sachs Asset Management showed on Wednesday. Private equity was the most-favored asset class for insurers seeking to …
This wrap-up of international People Moves details recent appointments at Liberty Specialty Markets, re/insurance broker Miller, MS Amlin, Pro Global Holdings and Generali Global Corporate & Commercial. A summary of these new hires follows here. Liberty Specialty Markets (LSM), part …
China’s military is thought to have instructed a hacker group to conduct cyber attacks on nearly 200 Japanese research institutions and firms, public broadcaster NHK reported, citing unidentified people in a police investigation. The investigators found a member of China’s …
CAPE TOWN, South Africa – Fire crews had largely contained a big wildfire on the slopes of Cape Town’s Table Mountain on Tuesday as the city started to come to terms with the damage caused by what officials described as …
LONDON – The Bank of England might strengthen its controls on cloud data providers and other technology firms to counter possible risks to the stability of the financial system from the rise of fintech, Deputy Governor Dave Ramsden said. The …
The Dutch government has raised concerns with Hungarian officials after a decision in Budapest to block the sale of Aegon NV’s local unit to Vienna Insurance Group AG, according to several people familiar with the matter. The issue was communicated …
THE HAGUE, Netherlands – ABN AMRO has agreed to pay 480 million euros ($574 million) as part of a settlement with prosecutors who accused the Dutch state-owned bank of “serious shortcomings” in tackling money laundering, prosecutors and the bank said …
KITUI, Kenya – When Kenyan farmer Waki Munyalo’s crop of lentils shrank by three quarters last year because of unusually low rainfall, disaster was averted thanks to a simple remedy that was previously unavailable to most African farmers – insurance. …
More than 250 firefighters in Cape Town are battling a massive blaze that broke out on the slopes of the city’s Table Mountain on Sunday and spread to a university campus, severely damaging at least three buildings and forcing student …