Negotiators in Geneva had hoped to announce that they had reached an accord on all issues, clearing the way for China to join the World Trade Organization, but they’ll have to wait a bit longer, as a dispute over American …
According to the International Maritime Bureau, modern day piracy is on the increase with a record 469 attacks on shipping reported last year, resulting in 72 deaths, 99 persons injured, and 26 missing in addition to significant cargo losses. Modern …
Fortis, the Belgian-Dutch financial services group, announced that it will acquire a 30 percent stake in the insurance unit of Malaysia’s Maybank for $90 million. The insurance holdings, chiefly Mayban Life Assurance and Mayban General Assurance, will be restructured and …
According to the International Maritime Bureau modern day piracy is on the increase with a record 469 attacks on shipping reported last year, resulting in 72 deaths, 99 persons injured, and 26 missing in addition to significant cargo losses. Modern …
Rhine Re, a Swiss-based global reinsurer, which is a subsidiary of U.S. buyout firm Kohlberg Kravis Roberts & Co. (KKR), announced that it has agreed to acquire London-based Imperial Fire & Marine Re-Insurance Company. The announcement of the purchase didn’t …
