The New York-based Navigators Group announced that its principal insurance company subsidiary, Navigators Insurance Company, has received regulatory approval to underwrite reinsurance in the newly de-regulated Brazilian reinsurance market. CEO Stan Galanski commented, “We are very pleased to have received …
A new global trade deal is still possible by the end of this year despite last month’s collapse of talks, said Pascal Lamy, the World Trade Organization’s director general on Tuesday. Talks on a pact ended in July after the …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of Bermuda-based AXIS Specialty Limited (AXIS) and its operating affiliates. Best also affirmed the ICR of “bbb+” and all …
France’s agriculture minister said Wednesday that “big emerging countries” were to blame for the collapse of World Trade Organization talks on opening up the global economy. The president of a leading French farmers’ union, meanwhile, hailed the outcome of the …
Chubb Insurance, founded in 1882 in New York, today sells in 28 countries and has about 120 offices throughout North America, Europe, South America, and the Pacific Rim, serving its property and casualty customers. While Chubb is today a worldwide …
Alliant Emerging Markets announced the expansion of its risk analytics and advisory services by launching a source of political and economic risk indices and ratings available to banks, investments banks, private equity, F500 and hedge funds. Alliant’s risk analytics began …
Zurich Financial Services Group reported that its Brazilian subsidiary Zurich Participações e Representações Ltda., has agreed to acquire 87.35 percent of shares in Companhia de Seguros Minas Brasil, a BOVESPA-listed company, from Banco Mercantil do Brasil S.A. and two private …
The current global risk environment is a time to “analyze operations and take the tough decisions necessary to ensure survival in any downturn,” Julian James, a senior executive with global insurance broker Lockton, told an international audience of insurance industry …
World Trade Organization mediators in Geneva put the final touches to new negotiating texts on Thursday that will serve as the blueprint for an outline deal in the WTO’s long-running Doha round, trade officials said. The chairmen of talks in …
The European Union and India said on Monday they were committed to a world trade deal that takes account of services as well as agriculture and industrial goods. A joint statement issued after Indian Trade Minister Kamal Nath and EU …
