Brazil News

White House Says G8 Can’t Set Global Climate Goals Alone

The Group of Eight major industrialized countries (G8) meeting next week in Japan cannot by themselves set effective long-term world goals on curbing greenhouse gas emissions, the White House said on Tuesday. “With evidence mounting of rapidly rising emissions from …

Willis Names Black to Lead Brazilian Re Operations

Willis International Holdings announced the appointment of Margo Black as CEO for the group’s reinsurance operations in Brazil. She will be primarily responsible for the technical and sales development of wholesale business in Brazil, using the local platform to access …

Spain’s Santander Eyes Dresdner Bank – Sources

Spanish retail bank Santander is considering buying Dresdner Bank in the latest twist of Germany’s bank merger frenzy, according to people with direct knowledge of the matter. The German banking industry is the throes of talks that could result in …

Little Progress in WTO Industry Talks

Talks on industrial goods, a crucial element in negotiations for a new trade deal, are failing to overcome deep differences between rich and poor countries, diplomats and officials said Wednesday. But, they said, parallel negotiations on agriculture are making progress …

XL Re Admitted in Brazil

XL Re, the global reinsurance operations of Bermuda-based XL Capital Ltd., has received regulatory approval to serve the Brazilian reinsurance market as an admitted reinsurer. The newly admitted reinsurer, XL Re Latin America, will operate full offices in both Rio …

Ministers Meet in Paris to Keep Trade Talks Alive

Ministers from major trading nations will try to keep struggling world talks alive today, June 5, with supporters saying a deal could help offset the global food crisis and soften the economic slowdown. Ministers from the United States, the European …

Gallagher Head Lauds Lloyd’s

Pat Gallagher, Chairman, President and CEO of Arthur J Gallagher & Co. visited Lloyd’s last week, and spoke in glowing terms about its accomplishments. All of which Lloyd’s duly noted in an article on its web site (www.lloyds.com). He noted: …

Willis Risk Manager Conference Examines Brazil, China Energy Sector

Willis recently hosted a conference of senior risk managers from the US oil and gas industry at its inaugural Global Risk Challenge seminar in Houston. They concentrated on finding out more about some of the major challenges involved in managing …

Willis Strengthens Latin America Employee Benefits Practice

Willis Group Holdings has announced the appointment of Renato Cassinelli as Employee Benefits Practice Leader for Latin America, effective immediately. He takes over responsibility for “helping to drive profitable growth in each of Willis’ local country markets,” said the bulletin. …

Global Coalition Calls WTO Service Proposals Disappointing

A new set of proposals to open services such as banking and telecoms to more global trade falls significantly short of what is needed to reach a world trade deal, an international coalition of service industry groups said Tuesday. “At …