Lord Peter Levene, Chairman of Lloyd’s, reminded an appreciative audience in Singapore that “Asia is an exciting place to be right now. Its expertise and knowledge, combined with its vast population and low operating costs have led economists across the …
Catlin Group Limited announced financial results for the year ended December 31, 2006 that exceeded the expectations of most analysts. The Bermuda-based Company not only managed to smoothly absorb its acquisition of Wellington Underwriting, but also managed to increase profits. …
The European Council, a working group of EU country ministers, concluded its meeting in Brussels on Friday, March 9, with the announcement of ambitious goals to improve energy efficiency and reduce greenhouse gas emissions. “The challenges of climate change need …
Millea Holdings, Inc. announced that it plans to establish a life and annuity reinsurance subsidiary on the Isle of Man by the end of this month. “Tokio Marine Bluebell Re Limited,” will be set up jointly with financial giant JPMorgan …
More than five years after the Sept. 11 attacks, the U.S. government cannot show how the $5 billion given to public health departments has better prepared the country for a bioterrorism attack or flu pandemic. Congress responded to the 2001 …
Emergency shelters are about to become a reality in West Virginia coal mines. The state Office of Miners’ Health, Safety and Training is expected to approve the first underground shelter designs this week, Randy Harris, the agency’s engineering consultant, said …
Farmers who suffered damages during Vermont’s Valentines Day blizzard are eligible for emergency federal loans. The U.S. Department of Agriculture Farm Services Agency has designated eight counties in which low-interest loans will be available. The counties are Addison, Caledonia, Chittenden, …
A legislative panel has given its approval to a bill to require cigarette makers to sell only self-extinguishing cigarettes in Maine. The Criminal Justice and Public Safety Committee on Friday unanimously approved a bill that would add Maine to the …
The process for deciding where coal gasification plants can be built in Kentucky would be streamlined under a bill that received final passage by the state Senate last week. The bill allows proposed coal or biomass gasification projects to skip …
At the request of Arrowpoint Capital Corp., A.M. Best Co. has withdrawn the financial strength ratings for the insurance company’s three risk-bearing entities: Royal Indemnity Company, Royal Surplus Lines Insurance Company and Security Insurance Company of Hartford. The request was …
