A World Trade Organization (WTO) mediator issued new proposals on Monday, May 26, for opening up services such as telecoms and banking [as well as insurance] as part of a global trade deal. But the new text, replacing a previous …
Swiss Reinsurance America Corporation and Swiss Reinsurance Company Ltd. have been officially recognized as admitted reinsurers by Susep, the Brazilian insurance regulator, with the ability to sell reinsurance in the newly de-regulated Brazil marketplace. Swiss Re opened an office in …
Bermuda’s XL Capital Ltd. is holding its third annual employee volunteer day — known as the “Global Day of Giving” — today Wednesday, May 21. The day is dedicated to supporting the communities in which XL companies operate. XL said …
Mediators in the core agriculture and industrial goods negotiations at the World Trade Organization (WTO) issued new proposals on Monday, clearing the way for a meeting of ministers to clinch an outline trade deal. The revised proposals, or texts, trigger …
European Union Trade Commissioner Peter Mandelson said on Monday he saw the makings of an international trade agreement in new proposals drafted by the World Trade Organization. The WTO is expected to issue negotiating texts early this week in readiness …
Growing concerns about food security could spur renewed efforts to liberalize global trade, according to Australia’s trade minister. If the global community wants to help solve the food crisis, it must liberalize markets so that people can trade available surpluses …
Boston-based Liberty Mutual Group reported net income of $360 million for the three months ended March 31, 2008, an increase of $10 million over the same period in 2007. Net written premium for the first quarter was $6.256 billion, an …
The European Union must be firm in World Trade Organization trade talks despite the global rise in food prices, a German official was quoted as saying on Sunday. “Due to the food crisis, we could face new demands,” Bernd Pfaffenbach, …
NSM Insurance, Insurex NSM Insurance Group, a national wholesaler and program manager based in Conshocken, Pa., has acquired Insurex, a California-based workers’ compensation brokerage. The acquisition “immediately expands our ability to provide new national workers’ compensation markets to our independent …
B&T, UnionBanc Insurance Raleigh, N.C.-based BB&T Insurance Services has reached an agreement with Union Bank of California North America to purchase its San Diego-based insurance subsidiary, UnionBanc Insurance Services Inc. The acquisition would expand BB&T’s insurance operation in California, where …
