Peter den Dekker, corporate insurance risk manager at Dutch multi-national Stork, has been elected President of the Federation of European Risk Management Associations (FERMA). He takes over from Marie-Gemma Dequae, whose mandate came to an end after four years, following …
France and Germany suggested on Monday that rich nations should collectively guarantee deep cuts in greenhouse gases by 2020 while giving flexibility to laggards such as the United States to catch up later. France said the idea, floated at talks …
The European Union’s trade commissioner ruled out on Friday finalizing a strategic pact with Russia before it joins the World Trade Organization and warned Moscow against introducing new protectionist measures. “WTO accession paves the way to the broader free trade …
While the economic crisis and the growing swine flu menace have become the biggest immediate concerns for countries around the world, climate change remains the greatest long term threat. Its impact will continue to be felt long after the economy …
As a large region with solid prospects for long-term growth, Latin America continues to gain in popularity as a market for many U.S. companies. Exporters to this region, however, can face significant challenges when it comes to getting their goods …
Trade credit insurer Coface notes that the current “credit crisis, which entered its second phase in the fourth quarter of 2008, is worsening in all regions. After observing a decline in the average financial strength of companies in 22 countries …
The United Nations is concerned about the possibility of collaboration between pirates and government officials in Somalia’s Puntland region, according to a new U.N. report released Wednesday. The report, prepared by the office of U.N. Secretary-General Ban Ki-moon for the …
A summit meeting on the financial crisis in London next month will tackle the issue of climate change, which the U.N. chief had planned to make the focus of a separate gathering in New York, diplomats said. Worried that the …
Marsh has launched a report highlighting the key risks companies face as the global economy slows and advice about how to tackle them. Entitled “Managing Through the Downturn,” the report highlights issues around capital management, liability and trading risks, addressing …
Zurich Financial Services AG will find this year tougher than 2008, when profit fell 47 percent, a senior executive of the Swiss insurer said on Wednesday. Patrick O’Sullivan, vice chairman of the management board and chief growth officer, said Zurich …
