Talks on a deal to open up world trade entered a critical week on Monday with negotiators at the World Trade Organization (WTO) hoping to prepare the ground for a proposed meeting of ministers next month. With key food exporters …
Marsh issued a warning to UK companies from its London office that their “subsidiaries and affiliates of Japanese firms,” face some new risks in association with “new Japanese legislation relating to internal controls and financial reporting, which comes into effect …
Businesses are reaching for the golden global ring — are independent agents, too? More and more organizations are manufacturing, sourcing or selling outside the United States. For these companies, international expansion is a business imperative in the quest to stay …
Swiss Re’s latest sigma study on natural catastrophes and man-made disasters in 2007 concludes that they killed over 20,000 people and cost the insurance industry $70 billion, $28 billion related to property claims. 2007 wasn’t even “an exceptional year” in …
Standard & Poor’s Ratings Services has revised its outlook on its ‘A-‘ financial strength and long-term counterparty ratings on ACE Insurance to positive from stable. S&P also affirmed the ratings. “The revised outlook reflects continued growth in direct premiums written …
Rich nations must come up with billions in new money to help poor countries fight global warming and not just repackage development aid to score diplomatic points, environmentalists at a meeting of top polluters said on Friday. The three-day Japan …
Denver-based Van Gilder added three persons to its staff. Tony Dodd joined the firm as an account executive specializing in homeowner association risk management programs. Kyle Krisman assumed the role of business development with a focus on employee benefits consulting. …
The European Union should speedily work out ways to help developing nations fight global warming to avert a “Catch 22” impasse that could brake action worldwide, the U.N.’s top climate change official said on Monday. “This is a priority that …
Standard & Poor’s Ratings Services indicated that its financial strength and long-term counterparty credit ratings on Japan’s Aioi Insurance Co. Ltd. (‘A+’ – stable outlook) “would be unaffected by additional subprime-related losses or company forecasts of a net loss for …
Leading marine underwriters recently held a three-day meeting at Lloyd’s to identify the major threats to the business for the year ahead. At its annual winter meeting the Executive Committee of the International Union of Marine Insurance (IUMI), identified falling …
