Brazil News

Navigators Syndicate 1221 Co-Locates with Lloyd’s in Brazil

The New York-based Navigators Group announced that its wholly-owned syndicate, Navigators Syndicate 1221 at Lloyd’s of London, is co-locating with Lloyd’s in Rio de Janeiro by appointing a local representative. Lloyd’s has Admitted Reinsurer status in Brazil and had its …

Canada Trade Minister Urges Action on Big Doha Issues

WTO member states must find answers to bilateral squabbles if they want to achieve any global breakthrough in free trade talks, Canada’s trade minister said Friday. In an interview with Reuters, Peter Van Loan said he would not point fingers …

Report WTO’s Lamy Says Doha Participants Are Preparing Final Deal

Participants in the Doha world trade talks are preparing for a final deal but there is no point setting an artificial deadline, the head of the World Trade Organization told a German daily. The Doha talks, launched in late 2001, …

The Growing Risks of Social Media

Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media these days — because that’s where the consumers are. …

Ariel Re Granted Brazil License

Bermuda-based Ariel Reinsurance Company Ltd. announced the opening of a representative office in Rio de Janeiro, Brazil and its approval as an admitted reinsurer by the Brazilian insurance regulator, Superintendência de Seguros Privados (SUSEP). Ariel Re’ said its “initial focus …

IMF Raises 2010 World Wide GDP Forecast; Flags European Risks

The International Monetary Fund upgraded its 2010 global growth forecast on Thursday, citing robust expansion in Asia and renewed U.S. private demand, but warned the euro area’s debt crisis posed a big risk to recovery. The IMF said the euro …

ACE Group Appoints Six New Global Client Executives

The ACE Group of insurance and reinsurance companies has announced the appointment of six additional global client executives in four countries: Jeff Carr and Shaun Edwards in London, Olivier Roussel in Paris, Wolfgang Ruffert in Frankfurt, Andrea Pearson in Los …

How to Manage the Growing Risks of Social Media

Advertising, Defamation, Privacy and Security Laws All at Issue Asked why he robbed banks, Willie Sutton famously replied: “Because that’s where the money is.” Something similar can be said to explain why companies are paying more attention to social media …

More Oil Spills to Come, Says Professor

The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in …

30 Dead, Thousands Missing in Brazil Floods; RMS Analysis

Heavy rain in northeast Brazil triggered the Mandau River to overflow its banks on Sunday, June 20, causing “devastating floods that have been attributed to the deaths of over 30 people, and left thousands missing,” according to a report from …