September 4, 2008
The Bermuda-based Catlin Group Limited announced that it is sponsoring a major scientific expedition to capture vitally needed data for scientists studying the impact of global warming on the Arctic ice cap. “The project – to be known as the …
July 28, 2008
Australian investigators were focusing on the possibility that an oxygen cylinder could have exploded in mid-flight on the Qantas jumbo jet that made an emergency landing in the Philippines with a giant hole in its fuselage, officials said Sunday. Australia’s …
June 23, 2008
Worried relatives wept Sunday as they awaited news of more than 740 passengers and crew aboard a ferry that capsized as Typhoon Fengshen swamped the Philippines, killing more than 80 people and submerging entire communities. A rescue ship battling huge …
June 9, 2008
The rise in world food prices carries implications for both rich and poor countries – the latter will more fully feel the impact, as well as the insurance industry. The recent conference in Rome, organized by the UN’s Food and …
May 22, 2008
Massachusetts Commissioner of Insurance Nonnie S. Burnes has approved the acquisition of Commerce Insurance Co., principal subsidiary of The Commerce Group of Webster, Mass., by the Spanish insurance company Mapfre, S.A. The approval will allow Mapfre, one of the largest …
April 4, 2008
Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday. The visits by …
March 19, 2008
Insurance companies have agreed to pay $165 million (euro104.63 million) to settle lawsuits brought by relatives of those killed in a 2000 plane crash in the Philippines, lawyers for the families said. The families of about 100 of the 131 …
February 27, 2008
A “doomsday” seed vault built to protect millions of food crops from climate change, wars and natural disasters opened deep within an Arctic mountain in the remote Norwegian archipelago of Svalbard. “The Svalbard Global Seed Vault is our insurance policy,” …
February 24, 2008
People Managing general agency and surplus lines wholesaler U.S. Risk Insurance Group Inc. named Terri Haselden vice president and manager of the Dallas Commercial Underwriting Department. Haselden, an experienced underwriter with more than 20 years of insurance industry experience, also …
February 5, 2008
Burns & Wilcox announced that Honesto Rebueno has joined the company’s Houston office as an underwriter. Rebueno has more than 30 years’ experience in writing property and casualty coverage, particularly large property, such as apartments, hotels/motels, office buildings and shopping …