Foreign voluntary workers’ compensation, kidnap & ransom, and accident coverage help mitigate losses A business has many valuable assets, but perhaps none as critical to success as its employees. Businesses depend on their senior management, leading sales executives and other …
A.M. Best Co. has affirmed Lloyd’s financial strength rating (FSR) of “A” (Excellent) and the issuer credit rating (ICR) of “a”. Best also affirmed the ICR of “a-” of the Society of Lloyd’s and the debt rating of “bbb+” of …
The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide the developed countries, …
The Doha Round at the World Trade Organization has been a serious failure for the insurance sector, despite strong efforts by many parties. Instead of increasing the consensus for free trade, the Round has served to divide the developed countries, …
The International Insurance Society will host its 42nd Annual Seminar in Chicago at the Westin Chicago–River North on July 15-19. The theme of this year’s program is “Insurance: Now and the Future-Profile for a New Age.” A non-profit organization of …
It’s not just the Italian Football (soccer) team that’s in an expansive mood. Italy’s Generali Group announced that it has signed an agreement for the acquisition of a 51 percent shareholding in Bulgarian insurer Orel-G Holding AD. The shares will …
Lloyd’s new 360 Risk Project is dedicated to examining issues that affect the insurance industry, and its first conference took on today’s most far-reaching and important issue – the debate over climate change, global warming and greenhouse gasses. In a …
Bermuda’s XL Capital Ltd. is commemorating its 20th anniversary with a “Global Day of Giving — a day dedicated to supporting the communities in which XL operates.” The global volunteer event, currently taking place, “will see XL employees donating over …
[AP] A huge fire that turned the giant cargo terminal of Istanbul’s main airport into a wreckage of twisted metal and charred walls may have caused tens of millions of dollars (euros) in damage, according to newspaper reports Thursday. Shooting …
A.M. Best Co. has assigned a financial strength rating of “B++” (Very Good) and an issuer credit rating of “bbb+” to India’s Oriental Insurance Company Limited with a stable outlook. “The rating reflects the company’s excellent business profile, good operating …
