Marsh announced that it has concluded an agreement to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of the HSBC Banking Group. The total consideration is valued at £135 million ($218 million), to be paid with a “mixture …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit rating of “a” of Hong Kong-based NIPPONKOA Insurance Company (Asia) Limited, both with stable outlooks for both ratings is stable. “The ratings reflect NIPPONKOA …
Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming. Environment ministers planned …
World leaders took the stage at the largest ever climate talks on Wednesday as ministers scrambled to rescue troubled negotiations on a pact to avoid dangerous global warming. Police using truncheons and pepper spray detained 230 people outside the conference …
African nations agreed to resume U.N. climate talks in Copenhagen on Monday after a half-day suspension, accusing rich countries of trying to kill the existing Kyoto Protocol. “We’re going back,” Pa Ousman Jarju from the delegation of Gambia, told Reuters …
Aon Risk Services (ARS), the risk management and insurance brokerage business of Aon Corp., announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective February 1, 2010. He will be based in Hong Kong …
An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic expansion,” with China and India still leading the …
Those behind the sophisticated computer software in Mississippi and elsewhere that tracks down child predators on the Internet are now targeting people who illegally download music and movies. “The good guys are ahead when it comes to tracking down child …
The biggest climate talks in history opened on Monday with a stark U.N. warning of the risk of desertification and rising seas and an assurance by hosts Denmark that a deal to combat climate change was “within reach”. Politicians and …
The controversy over drywall from China is heating up in Washington and in the Southeastern states most affected by the use of the product following the 2004 and 2005 hurricane seasons, including Louisiana. In a letter to Federal Trade Commission …
