Daily Archives: May 20, 2015

SCOR Appoints Brémond as Group Human Resources Director

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Takata Agrees to Recall 34 Million Cars for Air Bag Replacement

Japanese air bag manufacturer Takata Corp. is doubling a recall of potentially deadly air bags to nearly 34 million vehicles, making it the largest automotive recall in American history, U.S. safety regulators said on Tuesday. The recall involves passenger- and …

The article Takata Agrees to Recall 34 Million Cars for Air Bag Replacement appeared first on Insurance Journal.

Wed, 20 May 2015 10:39:36 +0000
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SCOR Appoints Brémond as Group Human Resources Director

SCOR announced that Laurent Brémond has joined the company as group human resources director, reporting to Denis Kessler, chairman & chief executive officer, based in Paris. Brémond (47) is a graduate of the London School of Economics. He also holds …

The article SCOR Appoints Brémond as Group Human Resources Director appeared first on Insurance Journal.

Wed, 20 May 2015 08:28:46 +0000
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Vienna Insurance Posts Lowest Q1 Profit Since ’09, Hit by Low Interest Rates

The financial repercussions of record-low interest rates in Europe were highlighted Wednesday as Vienna Insurance Group AG, eastern Europe’s biggest insurer, posted its worst first-quarter profit since the financial crisis. The insurer, based in Austria’s capital, said the effect of low bond …

The article Vienna Insurance Posts Lowest Q1 Profit Since ’09, Hit by Low Interest Rates appeared first on Insurance Journal.

Wed, 20 May 2015 10:57:25 +0000
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Illinois Court Urged by Philip Morris to Toss $10B Smokers’ Verdict

A $10.1 billion verdict against Philip Morris USA over misleading consumers about the safety of “light” cigarettes should be overturned, lawyers for the company argued in the Illinois Supreme Court. The award was first made in 2003 for a class …

The article Illinois Court Urged by Philip Morris to Toss $10B Smokers’ Verdict appeared first on Insurance Journal.

Wed, 20 May 2015 16:35:53 +0000
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Minor Quake Felt In Alaska Communities, No Reported Damage

A light earthquake was felt across a large part of southcentral Alaska on Monday, but there were no immediate reports of damage. The Alaska Earthquake Information Center says the magnitude 4.3 quake was recorded at 7:49 a.m. in the Cook …

The article Minor Quake Felt In Alaska Communities, No Reported Damage appeared first on Insurance Journal.

Wed, 20 May 2015 16:14:14 +0000
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