Denmark News

HRH Acquisition Helps Boost Willis’ Revenues by 19% in Q2

Willis Group Holdings Limited (NYSE: WSH) reported the company’s total second quarter revenues were up by 19 percent, an increase due primarily to the HRH acquisition. Total reported revenues for the quarter ended June 30, 2009 were $784 million compared …

S&P Affirms/Withdraws Some Swiss Re Operating Company Ratings

Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on various operating companies belonging to global reinsurer Swiss Reinsurance Company Ltd. (Swiss Re; A+/Stable/A-1). The ratings were subsequently withdrawn at the request …

Geneva Association Issues Report on Insurance Industry & Climate Change

Insurance industry leaders underscored their concerns over the potential impacts of climate change last Thursday July, 2 with the introduction of a 138 page report from the Geneva Association*, the industry’s most important think tank. In a well attended presentation …

Den Dekker Elected FERMA President

Peter den Dekker, corporate insurance risk manager at Dutch multi-national Stork, has been elected President of the Federation of European Risk Management Associations (FERMA). He takes over from Marie-Gemma Dequae, whose mandate came to an end after four years, following …

Ocean Conference Seeks Ways to Stem Climate Change

Participants in a major conference in Indonesia this week have a rare opportunity to seek political commitment to utilizing the world’s oceans in the fight against climate change, a top official from the host country said. The World Ocean Conference …

Somali Pirates Hijack U.S.- Flagged Container Ship

Somali pirates hijacked a U.S.-flagged, Danish-owned container ship on Wednesday with 20 American crew on board in a major escalation in attacks off the lawless Horn of Africa nation, officials said. The 17,000-tonne Maersk Alabama was seized off Mogadishu far …

Farm-based Biogas, a Neglected Asset in Greenhouse Gas Fight

John Ibbett and pigs go back a long way. “The pig manager pushed me round in a pram,” recalls Ibbett, whose family has been farming on the same site since 1939. Now he’s proud his family farm can turn muck …

London Summit Set to Include Climate Change Talks

A summit meeting on the financial crisis in London next month will tackle the issue of climate change, which the U.N. chief had planned to make the focus of a separate gathering in New York, diplomats said. Worried that the …

Copenhagen Climate Change Conference Commences

One of the largest ever interdisciplinary conferences on climate change will kick-off today in Copenhagen, Denmark. A bulletin from the University of Copenhagen notes that “more than 2,000 participants from around 80 countries” will be attending. The Congress is the …

Russia: Global Warming to Cause Droughts, Floods

Russia will likely see more forest fires, droughts and floods in the coming century due to global warming, and policy makers need to prepare for large-scale change, scientists warned in a report released Wednesday. It also said Russia, famous for …