Officials in Nigeria reported Saturday that at least 103 people were killed when a passenger jet went down in stormy weather while attempting to land in the city of Port Harcourt. There were reports that less than a dozen people …
Standard & Poor’s Ratings Services announced that it has affirmed its long-term “BBB+” counterparty credit and insurer financial strength ratings on Nigeria-based composite reinsurer African Reinsurance Corp. (Africa Re) with a stable outlook. “The ratings reflect Africa Re’s very good …
Pirates preying on shipping were more violent than ever in 2004 and murdered a total of 30 crew members, compared with 21 in 2003, the ICC International Maritime Bureau reported in its annual piracy report for 2004. The number of …
Aon’s Trade Credit division has published its annual analysis of the world’s trade credit and political risk hotspots as illustrated in a new “2005 Political and Economic Risk Map.” The world’s second largest broker also warned that U.S. firms potentially …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Nigeria’s African Reinsurance Corporation and assigned a stable outlook. “The rating reflects Africa Re’s leading market position in Africa, enhanced capitalisation and strong operating …
A new report, compiled by the International Maritime Board, found a 20 percent rise in the number of attacks by pirates in 2003. Violence involved in the incidents is on the rise as well. As reported by the BBC, the …
The recovery of 12 vehicles to Baltimore from Antwerp, Belgium announced this week reportedly illustrates a troubling trend in vehicle theft, the targeting of luxury vehicles in the United States for theft and export to foreign nations, according to the …
As oil and gas prices have increased over the last year, so has the oil production and exploration activity in Texas, the country’s largest producer. But the activity has somewhat lagged behind the increasing pace of prices because producers remain …
