December 18, 2005
Members of the National Association of Insurance Commissioners have elected Maine Insurance Superintendent Alessandro Iuppa as president. They also elected regulators from Alabama, Kansas and New Mexico to key positions at the organization’s 2006 officers during the Association’s Winter National …
December 8, 2005
Members of the National Association of Insurance Commissioners elected regulators from Maine, Alabama, Kansas and New Mexico as the organization’s 2006 officers during the Association’s Winter National Meeting. NAIC members elected Maine Insurance Superintendent Alessandro Iuppa, current NAIC President-Elect, as …
November 28, 2005
The United Nations 2005 Climate Change Conference gets under way in Montreal today – the first such meeting to be held since the Kyoto Agreement came into force earlier this year, and the largest gathering since the Kyoto Conference itself …
November 22, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of Indian insurer New India Assurance Company Limited with a stable outlook. “The ratings reflect New India’s leading …
November 14, 2005
American International Group Inc. (AIG) has filed its Quarterly Report on Form 10-Q for the period ended Sept. 30, 2005 with the Securities and Exchange Commission. Third quarter 2005 net income was $1.72 billion or $0.65 per diluted share, compared …
November 8, 2005
An in depth study conducted by the Paris-based International Energy Agency forecasts a 50 percent rise in energy use between now and 2030. It also predicts a concurrent 52 percent rise in greenhouse gas emissions, principally CO2, by 2030. The …
November 8, 2005
Crawford & Company has announced the purchase of a 26 percent interest in Puri Anuj & Associates Pvt. Ltd., a full service insurance loss adjusting and claims settlement company for all classes of risk with three offices in India. The …
November 7, 2005
It pays to be big, and it pays to invest. That’s the lesson one takes away from Munich Re’s third quarter earnings bulletin. Despite the heaviest catastrophe losses in the industry’s history from Katrina and the other hurricanes, the world’s …
October 31, 2005
India was struck by two tragedies over the weekend. On a busy Saturday morning three bombs exploded at different locations in the Indian capital Delhi, killing at least 60 people and causing widespread destruction. Earlier on Saturday a train derailed …
October 28, 2005
A.M. Best Co. announced that it has affirmed the financial strength rating of “A” (Excellent) and the issuer credit rating of “a” of the General Insurance Corporation of India (GIC) with a stable outlook. “The ratings of GIC reflect its …