The UK’s Royal & Sun Alliance Insurance Group plc, through its wholly-owned subsidiary RSA Overseas Holdings B.V., announced an all cash tender offer for all for the outstanding shares in Denmark’s Codan A/S that it does not currently own – …
Japan plans to propose cutting world greenhouse gas emissions in half by 2050 in a bid to limit the effects of global warming, news reports said Thursday [May 24]. Prime Minister Shinzo Abe was to announce the plan later in …
Dublin-based Research and Markets has added “Snapshots Japan Non-Life Insurance 2007” to their offering. “Snapshots Japan Non-Life Insurance 2007 provides 2005 year-end market size data, with 2006 estimates, 4 years of historical data and five-year forecasts,” said the announcement. The …
Standard & Poor’s Ratings Services has affirmed its “A” insurer financial strength and counterparty credit ratings on Japan’s Mingtai Fire & Marine Insurance Co. Ltd. and revised its outlook to positive from stable. S&P said the “revision reflects the likelihood …
Exclusive Video Interview Greenberg Interview, Take 1: World Leaders Former President Richard Nixon had a great grasp of foreign affairs and Bill Clinton was a fast learner. Those are among the opinions of recent world leaders offered by Maurice “Hank” …
Risk Management Solutions has designed the trigger mechanism and performed the risk analysis for a parametric securitization of typhoon risk in Japan. Issued by Akibare Ltd., a Cayman Islands special purpose vehicle (SPV), the securities provide $120 million of five-year, …
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
In 1968 when the Maurice “Hank” Greenberg took over what was to become American International Group (AIG), it was an insurance agency selling other insurers’ policies around the globe. Within years, AIG was no longer selling other companies’ policies but …
Standard & Poor’s Ratings Services has assigned its ‘BB+’ senior secured debt rating to the $90 million series 1 class A principal at-risk variable-rate notes and the $30 million series 1 class B principal at-risk variable-rate notes issued under the …
Japanese baseball players are all the rage in the major leagues this year. Kei Igawa and Daisuke Matzuzaka have joined established stars such as Hideki Matsui and Ichiro Suzuki as imports on America’s premier teams. Now, America is exporting some …
