Denmark News

Bermuda Signs Tax Accord with Italy

Bermuda’s Minister of Finance, the Hon. Paula A. Cox, announced that Bermuda has concluded negotiations for a bilateral agreement with the Italian Republic that will, “upon signing later this year, provide for a full exchange of information on criminal and …

South Carolina House Advances Cap on Liability Awards

A proposal to cap how much people can be awarded through civil lawsuits in South Carolina received key approval this week. The House approved the tort reform bill 104-9. It faces another, routine vote before heading to the Senate. The …

Kyoto Climate Pact Risks Dying, as No New Agreement is in Sight

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions. December’s U.N. climate conference in Denmark failed …

Best Affirms RSA Group’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK’s RSA Insurance Group plc. Best also affirmed the ICR of “bbb” …

Torus Adds Personnel for New UK-based Property Team

Torus announced that it is in the process of establishing a London-based property tem to serve the UK. David Ring joins the Company to lead the new operations as UK Head of General Property. He is responsible for managing and …

Swiss Re Forecasts Increasing Demand for Natural Catastrophe Coverage

Swiss Re has concluded that, despite the unusually quiet 2009 hurricane season, “overall natural catastrophe losses have increased significantly over time and are expected to grow further. “The premium for our book of natural catastrophe covers reached $1.8 billion. Due …

Europe Feels Left Out in Cold on Climate Change Deal

It’s a climate deal that has Europe feeling left out in the cold. The continent that used to take the lead in advocating climate action is now taking the lead in climate complaining. And it’s not just upset with the …

World Leaders Try to Save Troubled Climate Talks

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 …

Bermuda Concludes Tax Information Agreement with Belgium

Bermuda’s Minister of Finance, the Hon. Paula A. Cox, announced that Bermuda had concluded negotiations of a bilateral agreement with Belgium that provide for a full exchange of information on criminal and civil tax matters between Bermuda and the Kingdom …

UN Climate Talks Open in Copenhagen; Deal ‘Within Reach’

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 …