Former Taoiseach (Prime Minister) and European Union Ambassador to the United States, John Bruton, has agreed to accept a newly created position as the Chairman of the International Financial Services Center (IFSC Ireland). The association’s bulletin described the new role …
Standard & Poor’s Ratings Services has revised its outlook on German reinsurer Hannover Rueckversicherung AG (Hannover Re) and on various operating entities to stable from negative. S&P also affirmed the ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on …
Concern among U.S. companies that China is backtracking on opening its economy are at a 10-year high, the head of the U.S. Chamber of Commerce said on Monday. Chamber President and Chief Executive Thomas Donohue said companies from the United …
The U.S. Treasury is re-looking at plans to float the Asian unit of AIG in case a bid by Prudential to buy life insurer AIA fails, two British newspapers reported on Sunday. Prudential boss Tidjane Thiam has been struggling to …
To its admirers, India’s ruling coalition has had a good year — sound fiscal policy to stave off a ruinous global credit crisis, fast growth and some tentative steps toward reforms. Those are likely to be stressed by Prime Minister …
Grieving relatives collected the victims’ remains from a crashed Indian plane and investigators sifted through the rubble Sunday for the cockpit voice and the flight data recorder after India’s worst air disaster in more than a decade killed 158 people. …
PowerGuard Specialty Insurance Services—a managing general agent and Lloyds cover holder specializing in wind and solar energy industries—has released its second generation PowerCLIP Warranty program. In addition to transferring risk, the PowerCLIP warranty solution strengthens balance sheets, improves financial results …
Weather forecasters said this week that a below-average total of two to three hurricanes are likely to pass through Central Pacific waters this year as ocean surface temperatures cool. But only one hurricane needs to hit land to cause damage, …
An insurance company has asked a federal court to limit liability by the city of Huntington Beach in the death of an 11-year-old girl who was killed during a junior lifeguard drill. Attorneys with Navigator’s Insurance filed a petition last …
Longtime insurance industry professionals Ryan and Roger McManus recently announced the opening of the McManus Agency in Medina, Ohio. President Ryan McManus and Director of Operations Roger McManus, are both experienced veterans of the property/casualty insurance industry. Ryan McManus began …
