May 19, 2011
Ireland has been much in the news recently, and not just for its economic woes. The visit by the UK’s Queen Elizabeth II, the first by a British monarch in 100 years, and the upcoming visit of President Obama, as …
April 18, 2011
Mitsui Sumitomo at Lloyd’s confirmed that it is to establish branches in Dublin and Belfast as part of its expansion plans. The new operation will be headed by Alan Shiel, formerly the Ireland Country Manager at Chubb, as Managing Director. …
April 15, 2011
Sean Quinn has long been one of Ireland’s greatest success stories, and his name adorns everything from cement mixers to luxury hotels. Now he’s become the biggest casualty of the nation’s worst banking disaster. Anglo Irish Bank received government approval …
April 1, 2011
Ireland to become 1st U.S. State The Irish are fed up with European Union demands that they raise their corporate tax rate – currently 12.5 percent – if they want some help in repaying the enormous loans the government has …
March 31, 2011
Credit rating agencies have warned the European Commission that they could stop rating risky countries if the EU executive goes ahead with plans to make them legally liable for errors of judgment, industry sources said. Tensions have been rising between …
February 24, 2011
Royal Bank of Scotland’s high bad debt charges in Ireland and a drop in investment banking income overshadowed the bank’s return to profit in the final months of 2010. Stephen Hester, chief executive of the partly nationalised bank, said on …
February 7, 2011
Standard & Poor’s Ratings Services said today that it placed its ‘BBB+’ long-term counterparty credit and insurer financial strength ratings on AXA Insurance Ltd. on CreditWatch with negative implications. S&P explained that it took the action following its decision on …
February 4, 2011
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Aviva Insurance Europe SE (Aviva SE) to ‘A-‘ from ‘A+’. In addition S&P said the ratings “remain on CreditWatch with negative implications, where …
February 1, 2011
The forecast for predicting the next political hotspots could be much more accurate because of a model developed by two Kansas State University professors and a colleague in New York. The model, named the Predictive Societal Indicators of Radicalism Model …
January 31, 2011
Martyn Perryman has been appointed Sales and Marketing Director for Willis UK & Ireland (WUKI), effective immediately. He is based in London and reports to Brendan McManus, CEO, WUKI. He will be responsible for increasing revenue growth and retention across …