Brazil News

Aon Benfield Monthly Cat Report Highlights Australian Floods, Brazil Landslides

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has released the latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during January. Published by Impact Forecasting, the firm’s …

At Least 207 Missing in Brazil Floods; 741 Dead

At least 207 people are still missing after Brazil’s worst landslides in decades, authorities said Wednesday, as the death toll from the disaster in a scenic mountain region reached 741. The list of missing people released by the Rio de …

Brazil Flood Death Toll Rising; Roads, Houses Destroyed

Rescue workers dug for survivors Thursday and struggled to reach areas cut off by floods and landslides that have killed at least 482 people in one of Brazil’s deadliest natural disasters in decades. Torrents of mud and water set off …

Fitch Affirms Brazil’s Sul America’s Ratings; Outlook Stable

Fitch Ratings Has affirmed today the following International and National ratings assigned to Sul America S.A. (Sasa), the holding company of Sul America Seguros (SAS): –Foreign and Local Currency Long-Term Issuer Default Ratings (IDRs) at ‘BB+’; –Foreign and Local Currency …

Best Europe Affirms ‘A’ Ratings of HDI, Gerling, Talanx Companies

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit rating (ICR) of “a” of Germany’s HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.), the ultimate mutual parent company …

Best Assigns Rating to Allianz Risk Transfer AG

A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of Allianz Global Corporate & Specialty AG (AGCS AG). Best also affirmed the FSR of …

Fact or Fiction? Insurance Tidbits of Known and Little-Known Information

Have you ever wondered what big events helped shape regulation of the current U.S. insurance industry? Or if drivers of certain cars have more risk? What about the most attractive insurance job in the industry? These are just a few …

Droughts, Floods, Snow and Cold Hit Global Commodities

Droughts and deluges in Australia, snow in Europe and cold snaps in the United States are pushing up prices of a range of commodities from sugar to heating oil and soybeans. Australia typically ranks as second in the league of …

WTO’s Lamy Tells Negotiators to Push for Doha Deal

Members of the World Trade Organization are showing new energy and determination to reach a global trade deal but must now abandon fixed positions to clinch the agreement, the head of the WTO said on Tuesday. WTO Director-General Pascal Lamy …

Countries Finalize Anti-counterfeit Trade Pact Text

Negotiators from nearly 40 countries have finalized the text of an international agreement to help fight the growing trade in fake and pirated goods, the European Commission and the United States said on Monday. The negotiators settled a handful of …