June 4, 2007
Climate protection is a top priority for German Chancellor Angela Merkel at next week’s G-8 summit, but she said in an interview released Sunday she was skeptical that the world’s industrial leaders would agree on a concrete proposal for emissions …
June 1, 2007
China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is contentiously grappling with global warming. The national program, …
May 30, 2007
Asian nations could reduce a quarter of their greenhouse gas emissions by 2030 if they increase renewable energy use, improve coal-fired power plant efficiency and switch to biofuels, a U.S. government report said Tuesday. However, the report from the U.S. …
May 25, 2007
Japan plans to propose cutting world greenhouse gas emissions in half by 2050 in a bid to limit the effects of global warming, news reports said Thursday [May 24]. Prime Minister Shinzo Abe was to announce the plan later in …
May 21, 2007
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
May 21, 2007
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
May 14, 2007
Demand for weather risk management tools – futures, derivatives and insurance – continues to be strong worldwide, according to The Weather Risk Management Association (WRMA), the international trade group representing the weather risk industry. The results of WRMA’s latest industry …
May 11, 2007
American International Group, Inc. (AIG) reported that its net income for the first quarter of 2007 was $4.13 billion or $1.58 per diluted share, compared to $3.20 billion or $1.22 per diluted share in the first quarter of 2006. First …
May 9, 2007
Bermuda’s XL Capital Ltd. has posted its plans to hold its second “Global Day of Giving” on Thursday, May 10, 2007. XL sponsors the program in support of the communities in which its companies operate. Last year’s first Global Day …
May 9, 2007
More than 1,000 diplomats have begun working on a new accord to control greenhouse gases, with developing countries calling for more money and expertise to help them fight the potentially catastrophic effects of global warming. The 166 countries and organizations …