Insurance Agents and Brokers of the West (IBA West) is hoping the California Supreme Court will “depublish” an appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third parties injured when a policyholder failed to …
Insurance Agents and Brokers of the West (IBA West) has urged the California Supreme Court to “depublish” an unprecedented appellate court opinion suggesting that insurance broker-agents owe a legal duty of care to third parties injured when a policyholder failed …
The Generali Group announced impressive preliminary results for 2005 and an ambitious growth plan at a general meeting yesterday, March 6, in Milan. 2005 profits rose 15 percent to €1.918 billion ($2.3 billion). The Group also announced a series of …
The article that appeared on the IJ Web site yesterday, March 6, contained several factual errors concerning the adoption of a compliance and regulatory system for implementing the Kyoto Protocol on the emission of greenhouse gasses. We are indebted to …
THIS ARTICLE HAS BEEN CORRECTED. PLEASE GO TO THE IJ WEBSITE – MARCH 7, 2006. The United Nations Environment Program (UNEP) has formally launched a compliance system for the Kyoto Protocol, the international treaty to reduce greenhouse gas emissions. The …
Flagstone Reinsurance Holdings Limited announced that it has completed its initial capitalization of more than $715 million through a private placement of its equity securities. The bulletin notes that Flagstone Re “was formed in response to the significant market dislocation …
At a time when they face pressure to bring more uniformity to their own domestic regulatory operations, the nation’s state regulators are also increasingly active in efforts to harmonize the rules governing international insurance as well. The international efforts of …
The U.K.’s Aviva plc announced that it has acquired a 51 percent stake in Eagle Insurance Limited, the third-largest insurer in Sri Lanka. Aviva also noted that its new acquisition has “entered into a bancassurance agreement with National Development Bank …
Zurich Financial Services has released an interview with the Group’s CEO, James Schiro, to coincide with the ongoing conference of international business leaders, being held in the Swiss resort of Davos. Schiro, an American, who is widely credited with turning …
The Indian Government has established a 20 billion rupee ($452 million) National Export Insurance Account (NEIA), in a measure calculated to support the country’s exports of projects and services. A report from Asia Pulse quoted Commerce and Industry Minister Kamal …
