World leaders said they would work to tackle global economic “tensions and vulnerabilities” that have raised fears of currency wars and trade protectionism as they wrapped up a Group of 20 summit in Seoul on Friday. The following is a …
The Travelers Companies announced that it has entered into a joint venture agreement under which it will invest in J. Malucelli Participações em Seguros e Resseguros S.A., “the market leader in the surety insurance business in Brazil with a market …
Companies for the first time report they are losing more through electronic theft of data than physical stealing of assets, risk consultancy Kroll said on Monday in an annual report on international fraud trends. Fraud was most often an “inside …
China said on Friday that rich nations must lock in fresh vows to slash greenhouse gas output to unblock talks for a new climate change deal, while some negotiators said Beijing was holding progress hostage. The feuding over the future …
France will start talks on overhauling the global monetary system during its G20 presidency to improve policy coordination and stem capital flows distorting exchange rates, Economy Minister Christine Lagarde said Thursday. France will take over the chair of the Group …
Willis Re, the reinsurance arm of global insurance broker Willis Group Holdings, has released “detailed risk estimates and large event scenarios for key cities including São Paulo, Santiago and Bogotá.” Willis said the models, developed by its Willis Research Network …
The United States said on Wednesday U.N. climate talks were making less progress than hoped because of a rift over poorer nations’ emission goals, and that other avenues might be needed to tackle climate change. Negotiators from 177 governments are …
The U.N. climate change chief urged governments on Monday to make real steps towards a new treaty to fight global warming or risk throwing negotiations into doubt. Negotiators are meeting in the northern Chinese port city of Tianjin to try …
Willis North America, a unit of Willis Group Holdings, has appointed Hilaire Damiron as the new CEO of Willis Mexico, effective immediately. He has been serving as the interim CEO since August 2009. He is based in Mexico City, Mexico, …
The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in prices. Lloyd’s, which traces its origins …
