Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said Tuesday. However, the report from the U.S. …
Munich Re announced that it is preparing to issue a subordinated bond for approximately €1 billion ($1.3456 billion). The reinsurer described the debt issue as “a perpetual bond and callable by Munich Re from ten years after the date of …
Louisiana Workers’ Compensation Corporation (LWCC) has hired David T. White as director of internal audit. In this position, White will be responsible for providing overall direction for the internal audit function at LWCC. He was previously audit unit manager for …
The UK’s Royal & Sun Alliance Insurance Group plc, through its wholly-owned subsidiary RSA Overseas Holdings B.V., announced an all cash tender offer for all for the outstanding shares in Denmark’s Codan A/S that it does not currently own – …
A.M. Best Co. has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating (ICR) of “a+” of ACE Insurance Limited (Australia) and ACE Insurance Limited (New Zealand) with a stable outlook. Concurrently Best announced that it …
The London-based Cooper Gay Group announced that SC Insurance and Risk Services, SGPS, SA, a subsidiary of the Portuguese corporation Sonae SGPS, S.A., has agreed to terms for the acquisition of approximately 14 percent of Cooper Gay (Holdings) Limited with …
Bermuda’s XL Capital Ltd. has posted its plans to hold its second “Global Day of Giving” on Thursday, May 10, 2007. XL sponsors the program in support of the communities in which its companies operate. Last year’s first Global Day …
Louisiana Workers’ Compensation Corporation (LWCC) has hired David T. White as director of internal audit, the company announced. In this position, White will be responsible for providing overall direction for the internal audit function at LWCC. He previously was audit …
The European Union called on developing countries Tuesday to take action to reduce greenhouse gases, as delegates worked to finalize a report detailing measures needed to save the planet. The draft report from the Intergovernmental Panel on Climate Change being …
The costs of cutting greenhouse gases and who will pay for doing it are likely to be the key issues at a major U.N.-backed climate change meeting of scientists and diplomats in the Thai capital this week, participants said Sunday. …
