“This year’s climate change agenda has, if nothing else, highlighted that next year will be hard going for those wishing to set global agreement for action against climate change,” states a recent article on Lloyd’s web site (www.lloyds.com). The article …
European leaders moved towards agreement on Friday on a multi-billion dollar plan to tackle the global recession and a climate change plan amended to limit impact on struggling industries. Green groups warned that the European Union could forfeit its credibility …
Paying landowners to let forests grow is promoted by the United Nations as a viable way to fight global warming, but experts first have to puzzle out how to insure trees against going up in smoke. Under U.N. plans, owners …
Somali pirates have hijacked a Yemeni cargo ship in the Gulf of Aden, a regional maritime group said on Tuesday, a day after sources said the gang holding a Saudi Arabian supertanker were demanding a $15 million ransom. Andrew Mwangura, …
Somali pirates holding a Saudi supertanker after the largest hijacking in maritime history have reduced their ransom demand to $15 million, an Islamist leader and regional maritime group both said on Monday. The Nov. 15 capture of the Sirius Star …
Barack Obama said Tuesday that the United States would “engage vigorously” in climate change talks when he is president, and he pledged to work to reduce emissions sharply by 2020, despite the financial crisis. The Democratic president-elect, who regularly criticized …
Somali pirates have captured a fully laden Saudi supertanker far off east Africa, seizing the biggest vessel ever hijacked with a cargo of oil worth over $100 million in an attack that pushed world crude prices higher. The U.S. Fifth …
According to a recently released report from Marsh, “insurance rates across most lines of business in the Europe, Middle East and Africa (EMEA) region continued to soften in the first half of 2008.” However, “the report also identified trends being …
In a recent interview, published on the Lloyd’s web site (www.lloyds.com), Enrico Bertagna, Regional Manager for Europe, discussed Lloyd’s present and future plans to expand the London Market’s presence. Europe is a vital region for Lloyd’s and there are plans …
Although this new suburb of 80,000 people was just a few miles from the epicenter of a 5.4-magnitude earthquake, the city withstood the shaking with almost no damage at all. If a quake had to hit somewhere in densely populated …
