Online brokerage Robinhood Markets Inc. announced on Tuesday (June 1) it named former Apple Inc executive Jon Rubinstein and former World Bank president Robert Zoellick as independent directors, adding that they will be appointed to the Board of Directors “immediately.” Meanwhile, PricewaterhouseCoopers partner Paula Loop, also a new independent director, will join the board on June 17. “Jon, Paula and Bob bring
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Zurich Insurance Group subsidiary Farmers Group Inc (FGI) has agreed to acquire MetLife’s property and casualty (P&C) business in the U.S. together with the Farmers Exchanges for $3.94 billion, the two insurers said on Friday, after COVID-19 pandemic made motor and home insurers more profitable. Zurich will contribute USD 2.43 billion through FGI and the Farmers Exchanges1 USD 1.51 billion. The transaction
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