The world should cut greenhouse gas emissions by 50 percent by 2050 from 1990 levels with the bulk of the reduction coming from rich countries, according to a draft proposal by Denmark, host of Dec 7-18 U.N. climate talks. The …
Christine Hoehne has joined Lockton Benefit Group as an account executive in Lockton’s International Benefit Services practice in Minneapolis, Minn. Prior to joining Lockton, Hoehne spent eight years as an account executive for the Americas region of All Net, the …
U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …
AXA Asia Pacific rejected a $10.3 billion bid from parent AXA SA and Australian rival AMP Ltd on Monday, an initial hurdle for the French insurer’s bold ambitions to expand in Asia. AXA SA, Europe’s second-largest insurer it would raise …
Time has almost run out to break the deadlock on a U.N. climate deal supposed to be struck in Copenhagen next month, the United Nations and Denmark warned negotiators at a final preparatory meeting on Monday. “The clock has almost …
Dutch bancassurer ING will split in two, transforming itself into a smaller European lender in the most striking example yet of the deep changes that EU policymakers want to force on banks that received state aid. The company also said …
Prospects for a new U.N. climate pact in December remained in the balance after talks among big emitters on Monday but with signs of action by Brazil, India and Australia. “It’s more do-able today than yesterday,” British energy and climate …
Negotiators are already talking about “plan B” for the Copenhagen climate talks in December, with uncertainty growing that nations will be able to agree in time on a tougher and broader U.N. climate pact. While that might sound bad, some …
The United States cannot agree to a deal in the Doha round of world trade talks until other countries make better offers to open their markets to services trade, the top U.S. trade official said Tuesday. “We know that the …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and the issuer credit rating of “a-” of Singapore Reinsurance Corporation Limited, both with stable outlooks. The ratings reflect Singapore Re’s “superior risk-adjusted capitalization level, increasing presence in …
