Iran News

U.S. Sees Insurance Clampdown on Iran Over Nuclear Program

The United States is discussing with allies how insurance firms can more rigidly apply sanctions on Iran to step up pressure over its disputed nuclear program, a senior U.S. Treasury official said on Tuesday. Stuart Levey, Treasury undersecretary for terrorism …

Strait of Hormuz: The Potential Economic Effects of a Disruption

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 …

Report Names “Top 9” Political Risks for 2008

Ian Bremmer, President of Eurasia Group, recently outlined the consulting company’s selection of the “top 9 ” particularly acute political risks around the world in the coming year. The report also listed a number of “Red Herrings,” i.e. “countries the …

UK’s Chartered Insurance Institute in Middle East Training Partnership

The UK’s Chartered Insurance Institute (the CII Group) announced “a strategic partnership for the Middle East” with JWZ Insurance Solutions, a newly-formed insurance training and educational consultancy firm, under the brand name CII Saudi Arabia. “JWZ is now the exclusive …

Judges Clear Way for Wrongful Death Suit Against Blackwater Unit

A three-judge panel in Florida says a lawsuit can proceed against the operator of a plane that crashed in Afghanistan in 2004, killing three Army soldiers. The contractor operating the plane, Presidential Airways Inc., is the aviation subsidiary of Moyock, …

Prospects and pitfalls in a changing global insurance world

No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German government and city …

Prospects and pitfalls in a changing global insurance world

The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 …

Lloyd’s Dinner Features Lord Levene, NATO Head on Global Concerns

Lloyd’s held its fifth “Annual City Dinner” on Wednesday night, Sept. 5. A cross section of business and government leaders in attendance heard from Lloyd’s Chairman Lord Levene and the Secretary General of NATO Jaap de Hoop Scheffer. In his …

Middle East Insurance Report from R&M

Dublin-based Research and Markets announced the addition of “Opportunities in Middle East Insurance Market” to their offering. The report is designed to “help clients to analyze the leading-edge opportunities critical to the success of the insurance industry in the region,” …

I.I.S. Conference Highlights Prospects/Pitfalls in a Changing World

No European City has changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German government and city officials …