business News

Beazley Enhances Suite of Data Breach Products for Businesses

Beazley has unveiled major enhancements to its Beazley Breach Response (BBR) product. Launched over three years ago, BBR includes a separate limit of coverage for breach response services, and Beazley recently announced the creation of BBR Services, a dedicated business …

Insurance is Key as Investment Frontiers Open, Says World Bank Exec

Political risk insurance against conflict or breach of contract has become a key factor for investors seeking higher returns in developing markets in Africa, Asia and the Middle East. Indeed, the euro zone economic crisis and low returns in other …

IMF Cuts Global Growth Forecast as Emerging Economies Slow

The International Monetary Fund has cut its forecast for global economic growth and warned that the outlook could dim further if policymakers in the euro zone do not act with enough force and speed to quell their region’s debt crisis. …

Global Downturn Puts Investors, Companies in Retreat

Gripped by fears that Europe’s debt crisis is driving the world economy into a ditch, companies are delaying plans to raise capital and canceling deals, while investors are taking refuge in cash or any other place they think their money …

Insurance Australia Group to Review UK Business

Insurance Australia Group’s Managing Director and CEO Mike Wilkins has indicated that it is an “appropriate time to assess the options for the UK business, given the improvement in its performance and the current UK economic conditions.” IAG reported that …

Survey: Oklahoma Businesses Confident About Future

Most Oklahoma business executives are confident their businesses will grow and about a third plan to hire workers this year, according to the findings of an online survey of company owners and officials released on April 4. But more than …

U.S. Ambassador Urges China Not to Interfere in Business

China should allow domestic and foreign companies to make investment decisions without government interference, the U.S. ambassador to China said on Friday. Ambassador Gary Locke also said the United States would work to double exports to China by 2015, and …

New Aon Terrorist Risk Map Includes Mideast, No. Africa Unrest

Aon’s annual publication of its Terrorist Risk Map has been expanded. Aon said this year’s version features areas where “political violence, strikes, riots, civil war and war threaten the sustainable growth, continuity and profitability of businesses as much as terrorism.” …

A Career in Insurance (aka) “An Offer He Couldn’t Refuse”

Come along for the ride as we hear from Ryan Hanley about how he got into “the business”. – Ryan Hanley, Account Executive, The Murray Group and author of the Albany Insurance Professional blog located at www.RyanHanley.com. “My introduction to …

Aon Warns UK Businesses Face Threat from Environmental Legislation

UK businesses are “dangerously exposed to the possibility of heavy fines under the latest UK and EU legislation regarding environmental liability,” according to Aon. The bulletin added that in order to help “UK firms establish the level of risk they …