WTO member states must find answers to bilateral squabbles if they want to achieve any global breakthrough in free trade talks, Canada’s trade minister said Friday. In an interview with Reuters, Peter Van Loan said he would not point fingers …
Impact Forecasting, Aon Benfield’s catastrophe model development center, has launched the first fully functional Asian typhoon model to span the continent. “The new model will help insurers analyze the financial implications of typhoons and develop reinsurance programs based on scientific …
Participants in the Doha world trade talks are preparing for a final deal but there is no point setting an artificial deadline, the head of the World Trade Organization told a German daily. The Doha talks, launched in late 2001, …
U.S. President Barack Obama Sunday called for significant changes to the long-delayed Doha round of world trade talks, telling Group of 20 leaders that offers on the table were inadequate. Obama, who spoke at a lunch with G20 leaders, emphasized …
Risk Management Solutions (RMS) has appointed Dr. Guru Rao to the role of senior vice president, Portfolio Solutions Product Marketing. Dr. Rao brings 20 years of experience to the role, including nearly 14 years with Aon Benfield, where he recently …
The Board of Directors of the International Insurance Society (IIS), at their annual meeting in Madrid, announced the election of Norman R. Sorensen, President – International Asset Management and Accumulation, Principal Financial Group, as the new Chairman. He succeeds Marsh …
Increased melting of glaciers and snow in the Himalayas and Tibetan Plateau threatens the food security of millions of people in Asia, a study shows, with Pakistan likely to be among the nations hardest hit. A team of scientists in …
Marsh Sees Insurer Security, Transparency, Accountability as Issues Despite the global economic crisis, the commercial insurance market is poised to remain stable through 2010, but new challenges are emerging for risk managers, according to a report issued by insurance broker …
In conjunction with the release of the latest version of its “Terrorism Threat Map,” Aon’s Crisis Management division analyzes the current state of the ongoing efforts to combat terrorist activities. The analysis differs from Guy Carpenter’s report on the same …
A chorus of opposition is growing against Prudential Plc’s bold $35.5 billion takeover of American International Assurance (AIA), with analysts from Singapore to London flagging risks to the deal just weeks ahead of the critical shareholder vote. Many analysts have …
