Climate change and Doha Round agreements remain doubtful, as last minute efforts to construct a deal all parties can accept remain stymied by national priorities. Although negotiations have been continuing, it now seems as if yet more meeting will be …
488% The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, …
ACE Tempest Re Europe has announced the appointment of David Mann in the newly created role of Senior Underwriter for Structured Risks. The appointment “further enhances ACE’s commitment to expanding its product offering across its Reinsurance division,” said the bulletin. …
Male factory workers in China who got very high doses of a chemical that’s been widely used in hard plastic bottles had high rates of sexual problems, researchers reported yesterday. Heavy exposure to BPA, or bisphenol A, on the job …
U.S. Senator John Kerry said Tuesday he will try to “outline” a compromise climate control bill before December’s international global warming conference and U.N. Secretary-General Ban Ki-moon gave an upbeat assessment of Washington’s intentions. “From what I heard today, there …
When Maurice “Hank” Greenberg has been in the news during the past five years, the story usually has been about American International Group (AIG), the company he built into an insurance conglomerate and headed until his ouster in 2005. Now, …
AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s second-largest insurer it would raise …
A U.N. climate treaty may need an extra year beyond the December deadline to agree on details, delegates at U.N. talks said on Thursday, even as a U.S. Senate committee approved a carbon-capping bill. The Nov. 2-6 meeting of 175 …
The Association of British Insurers is increasingly concerned that “rising global temperatures will put the heat on insurance as flood costs rise.” This would in turn “lead to more expensive and harder to obtain property insurance in the UK and …
The Czech Constitutional Court threw out a complaint against the EU’s Lisbon Treaty on Tuesday, removing one of the final obstacles to its ratification. The ruling allows euro-sceptic President Vaclav Klaus to sign the treaty, which will give the EU …
