December 20, 2009
It’s the end of the decade that apparently has no name as yet, but that doesn’t stop those of us at Insurance Journal from looking back at the past 10 years and beyond for known and little-known insurance “factoids.” Why? …
December 18, 2009
Marsh announced that it has concluded an agreement to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of the HSBC Banking Group. The total consideration is valued at £135 million ($218 million), to be paid with a “mixture …
December 17, 2009
Danish hosts revived climate talks on Thursday and Washington backed a $100 billion fund to aid poor countries, as world leaders gathered on the eve of a U.N. deadline to reach a deal to slow global warming. Environment ministers planned …
December 16, 2009
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 …
December 11, 2009
Trading powers have made significant progress this week narrowing their differences on non-tariff barriers — the health or safety standards that can be abused to block imports, a senior diplomat said on Thursday. The movement is a rare sign of …
December 10, 2009
Aon Risk Services (ARS), the risk management and insurance brokerage business of Aon Corp., announced the appointment of Sandeep Malik as chief executive officer of Asia Aon Risk Services, effective February 1, 2010. He will be based in Hong Kong …
December 10, 2009
An anlaysis from Allianz Insurance Management Asia Pacific concludes that regional GDP is expected to grow by 6.7 percent in 2010, with Asia contributing “almost 39 percent to next year’s global economic expansion,” with China and India still leading the …
December 7, 2009
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 …
December 3, 2009
China and other big developing nations rejected core targets for a climate deal such as halving world greenhouse gas emissions by 2050 just five days before talks start in Copenhagen, diplomats said Wednesday. China, the world’s top emitter, together with …
December 1, 2009
Swiss Re’s Economic Forum, held today at the reinsurer’s iconic London headquarters, presented a far more encouraging picture of the world’s financial condition than a year ago. However, there may be light at the end of the tunnel, but the …