The United States said this week that it has embarked on a new strategy with China to ensure that products imported into the U.S. are safe. Worries about the quality of Chinese exports to the U.S. have become a major …
Victor K. Fung, Chairman of the International Chamber of Commerce (ICC), has welcomed the statement from the G20 Summit, held on 15 November in Washington, DC for the significant initiatives agreed by the attending leaders to achieve “an ambitious and …
Both A.M. Best and Fitch Ratings have reacted negatively to the news that the Exporters Group has entered into an agreement to transfer renewal rights to Australia’s QBE Holdings. Best put its financial strength rating of ‘A-‘ (Excellent) and issuer …
Focusing on One Industry Has Allowed Construction Specialist Allied North America to Grow Organically Through Even the Toughest Markets Top 100 Agency Profile Ranking: No. 6 Agency Name: Allied North America Headquarters: Jericho, N.Y. Year Founded: 1979 Additional Locations: 16 …
China’s greenhouse gas emissions have caught up with the United States and will not fall any time soon, a top Chinese official said on Wednesday, while warning of a huge economic blow from global warming. The comments from Xie Zhenhua, …
Wall Street’s struggle to recover from this month’s devastating drop is coinciding with the anniversary of another dark period for the stock market — the crash of 1929. The dramatic selling of Oct. 28-29 of that year sparked widespread panic …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Barbados-based CIBC Reinsurance Company Limited (CIBC Re) (Barbados) with stable outlooks. CIBC Re is primarily a life reinsurance company that is …
The World Trade Organisation (WTO) is creating a taskforce to monitor the effects of the financial crisis, following its call for a meeting next month to examine its impact on trade finance, its head said on Tuesday. WTO Director-General Pascal …
The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop up smaller banks, as Tokyo shares suffered their biggest rout since a 1987 crash. Government ministers played down the risk of contagion …
Bermuda-based Sovereign Risk Insurance Ltd. announced that Sophie Demeyer will join the Company as a Vice President and Senior Underwriting Officer. She will replace Nila Davda, who is relocating to open Sovereign’s office in Dubai. Demeyer comes to Sovereign from …
