His voice was a little husky, but Luke Savage – Lloyd’s Director of Finance, Risk Management and Operations – was still pleased to talk to the IJ about Lloyd’s financial results for 2010, which were released on Wednesday, March 30. …
The magnitude 8.9 earthquake, 6 miles down in the Japan Trench and 130 kms (81 miles) off Japan’s northeast coast, triggered a tsunami that devastated cities and towns over a wide area. Pictures of the onrushing waves, piling up cars …
At least 207 people are still missing after Brazil’s worst landslides in decades, authorities said Wednesday, as the death toll from the disaster in a scenic mountain region reached 741. The list of missing people released by the Rio de …
Somali pirates hijacked a Greek-owned bulk carrier on Monday after releasing a Greek-owned tanker the day before, the European Union Naval Force said. The cargo ship MV Eagle was hijacked early Monday by pirates who had fired small arms and …
As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about them. …
The financial crisis has to some extent lessened its impact on the economic situation in many countries, notably the “developed” ones, but it nonetheless remains an overall factor in the ability of governments and industries to deal with a host …
Hub Acquires Assets of Canadian Broker Phoenix Grande Prairie Group Hub International Limited announced that it has acquired the assets of Phoenix Insurance Group Grande Prairie Inc., headquartered in the Canadian Province of Alberta. Hub explained that “Grande Prairie is …
A quick, and as yet incomplete, survey of re/insurance industry leaders indicates that the main concern they will have to deal with in the coming year isn’t climate change, or Solvency II, but the insurance industry’s ancient bugaboo, the soft …
Negotiators for the Irish government and the European Union put the finishing touches on an €85 billion [$113 billion] bailout for the beleaguered country over the weekend. The agreement follows Ireland’s somewhat reluctant acceptance that the situation with its banks …
Even though Ireland’s financial crisis continues to make headlines, it’s not by any means a national meltdown, and it doesn’t appear to pose a threat to any of the re/insurance companies and brokers, who have substantial operations in the country. …
