Bloomberg Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help reverse declining premiums. “The last time this kind of market really existed was in 2002,” James Shea, the company’s head of commercial insurance, said in an ...

Bloomberg The EU Commission is evaluating a ban on plastic packaging and setting new requirements for manufacturers, EU Commissioner-designate for environment and the oceans Virginijus Sinkevicius said in an interview with German newspaper Die Welt. “We definitely want to expand the rules for single-use plastics and are currently investigating in which direction it would be possible,” he was quoted as ...

Bloomberg Aston Martin Lagonda Global Holdings Plc is making a last-ditch effort to bring in fresh funding, with billionaire Lawrence Stroll closest to committing to buying a stake in the struggling UK luxury-car maker, according to people familiar with the matter. The Canadian investor and owner of the Racing Point Formula One team is in advanced discussions to inject about ...