The American Institute for CPCU honored 757 new graduates of the Chartered Property Casualty Underwriter (CPCU program at the 2008 CPCU conferment ceremony in Philadelphia, Pa., the birthplace of the CPCU designation. The 2008 class brings the number of CPCU …
American International Group has acquired 18 percent of MicroCred Nanchong, China (MNC). The deal also gives AIG the exclusive right to sell micro insurance to MNC clients for two years. “MNC is the first wholly foreign-owned micro credit company in …
Hint: Learn Before You Go The ancient expression “When in Rome, do as the Romans do” is used to warn friends and colleagues to respect and adapt to the culture of places that they visit. In the insurance industry, that …
Hint: Learn Before You Go The ancient expression “When in Rome, do as the Romans do” is used to warn friends and colleagues to respect and adapt to the culture of places that they visit. In the insurance industry, that …
Cyclone Nargis, which made landfall in the Irrawaddy delta region in Myanmar (Burma) on Saturday, is likely to become the third most deadly event so far in the 21st century (after the 2004 tsunami and – so far – the …
The European Union must be firm in World Trade Organization trade talks despite the global rise in food prices, a German official was quoted as saying on Sunday. “Due to the food crisis, we could face new demands,” Bernd Pfaffenbach, …
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 …
Swiss Re’s latest sigma study – “Natural Catastrophes and man-made disasters in 2007” – examines catastrophe-related economic losses from natural and man-made disasters last year, which exceeded $70 billion. Swiss Re also noted that the disasters caused the deaths of …
Ian Bremmer, President of Eurasia Group, recently outlined the consulting company’s selection of the “top 9 ” particularly acute political risks around the world in the coming year. The report also listed a number of “Red Herrings,” i.e. “countries the …
The Pakistan Cricket Board has taken out insurance cover to meet possible financial losses should Australia pull out of its scheduled tour starting March due to security fears. “We have insured the series with a company in Britain on a …
