A new report released today says that by decreasing barriers in the emerging market of insurance-linked securities, insurance companies might be able to obtain the capital needed to cover more risks in disaster-prone areas of the country. “Historically, insurance has …
A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said Iranian boats …
U.S. authorities increased inspections of foreign drug plants last year but still checked only a fraction of sites that supply medicine ingredients to the U.S. market, a government watchdog is set to tell Congress Tuesday. Concern about Food and Drug …
A survey commissioned by Marsh, Mercer and Kroll for their report “M&A Beyond Borders: Opportunities and Risks,” found that multinational companies consider investing in China, India and South East Asia almost as risky as investing in Africa.” Despite those concerns, …
Insurance equity analysts expect a significant increase in property/ casualty mergers and acquisitions this year, according to findings of a global survey by Accenture. More than two-thirds (71 percent) of all P/C analysts surveyed said they anticipate a “significant increase” …
Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday. The visits by …
Australian Prime Minister Kevin Rudd said on Wednesday that a deal at the World Trade Organization’s (WTO) long-delayed Doha round of trade talks was urgent and possible. “This Doha round is do-able … There is a major need to conclude …
Shards of broken glass outside the basement window of 31 Vine Street (Brockton, Mass.) hint at the destruction inside the three-story home. Thieves smashed the window to break in and then gutted the property for its copper pipes — a …
Up to 190 nations will start work on a new U.N. climate treaty in Bangkok on Monday, in a test of how far the world has progressed after years of deadlock highlighted by a U.S. outburst about a duck in …
There is a job change coming for an executive whom investors say could become the next Warren Buffett. David Sokol, widely considered among the top candidates to eventually replace Buffett as chief executive of Berkshire Hathaway Inc, announced Tuesday that …
