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 …
China’s insurance regulator has cleared the way to let the country’s insurers invest billions of capital in Canadian financial markets, the Canadian government said on Friday. The move, the latest sign of improved trade and financial relations between the two …
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 …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Aioi Insurance Company (China) Limited, both with stable outlooks. The ratings reflect AIC’s “favorable risk-adjusted capitalization, excellent liquidity position and …
Armistice Day/Veteran’s Day – the “war to end war;” the dead, the wounded and the missing. Almost faded from memory now – 92 years after it ended – the “Great War,” World War I. The consequences have been unfolding ever …
“China was the source of most contaminated or unsafe foodstuffs that came into Europe in 2009, according to a European Union report,” as cited in an article on the Lloyd’s of London web site, which highlights the “potential hazards” for …
A delegation from China, headed by Xiao Jie, Commissioner of the State Administration of Taxation, People’s Republic of China, has concluded a Tax Information Exchange Agreement (TIEA) with Guernsey. The TIEA between the two jurisdictions was signed on Wednesday 27 …
Markel, Aspen, FirstComp Markel Corp. completed the previously announced acquisition of Aspen Holdings Inc., a privately held insurance group that provides workers’ compensation insurance and related services, principally to small businesses, in 31 states. Aspen, headquartered in Omaha, Neb., operates …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …
Introducing WAHVE, Where Outsourcing Is Not a Foreign Concept Because All Workers Are from U.S. As more and more experienced insurance employees discover their retirement income isn’t what they thought it would be, many are happy to find work they …
