October 11, 2005
With costs for energy rising, there may be renewed interest in shipping by more by rail and less by truck when considered economically viable, according to a new report by the Inland Marine Underwriters Association (IMUA) Transportation Committee. The 11-page …
September 27, 2005
Australia’s QBE Insurance Group today announced that it has signed an agreement to acquire the U.K.-based specialist marine insurer, British Marine Holdings Limited. The deal is expected to close before December 31, 2005, subject to regulatory approvals. The bulletin notes: …
September 19, 2005
Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will become owners …
September 19, 2005
Chris Williams Saylor & Hill has announced that three senior associates of the firm have been promoted to principal. Tim Sweeney, Kevin Mirsky and Chris Williams, each of whom has worked for the firm for more than a decade, will …
September 6, 2005
Standard & Poor’s Ratings Services has issued a statement indicating that “credit quality among the nonlife insurance players in Australia should remain strong over the next couple of years, supported by insurers’ strong profitability in the latest round of reporting …
September 5, 2005
Beleaguered drug maker Merck & Co.’s request to postpone the next trial over its withdrawn painkiller Vioxx has been turned down by the judge presiding over the case. Superior Court Judge Carol E. Higbee, who is overseeing nearly 2,500 Vioxx …
September 5, 2005
Beleaguered drug maker Merck & Co.’s request to postpone the next trial over its withdrawn painkiller Vioxx has been turned down by the judge presiding over the case. Superior Court Judge Carol E. Higbee, who is overseeing nearly 2,500 Vioxx …
September 5, 2005
Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both tradition and innovation. Tradition–as expressed not only in …
September 5, 2005
Lloyd’s is 317 years old and doing just fine thank you. London’s venerable insurance market traces its roots to the establishment of Edward Lloyd’s coffeehouse in 1688. It’s an icon of both tradition and innovation. Tradition-as expressed not only in …
August 26, 2005
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit ratings on Netherlands-incorporated ING Bank N.V. and fellow core banks ING Belgium SA/NV and ING Bank (Australia) Ltd. to “AA” from “AA-.” S&P also affirmed its …