The UK’s Weather Service, The Met Office Hadley Centre, in conjunction with the University of East Anglia, is forecasting average global temperature increases of 0.54°C (0.972°F) above the long-term (1961-1990) average of 14.0 °C (57.2°F) for 2007. “There is a …
Hilb Rogal & Hobbs announced that it has completed the previously announced acquisition of the stock of the London-based Glencairn Group Limited, effective January 1. (See IJ web site Dec; 21, 2006). Terms of the transaction have not been disclosed. …
Hilb Rogal & Hobbs has signed a definitive agreement to acquire the stock of Glencairn Group Limited, an independent Lloyd’s insurance and reinsurance broker group headquartered in London. HRH said the purchase price, which was not disclosed, “will consist of …
The insurance company for the Russian Orthodox Church Outside of Russia has settled a claim by a man who says he was abused as a teenager by monks at a monastery in Blanco, Texas. The settlement agreement, which included a …
A new report from Standard & Poor’s Equity Research – European Investment Outlook – Riding A Wave Of Volatility – foresees the volume of mergers and acquisition in Europe exceeding the €1.3 trillion [$1.7 trillion] generated by the end of …
A.M. Best Co. has assigned a financial strength rating of “C++” (Marginal) and an issuer credit rating (ICR) of “b+” to Russia’s OJSC Transsiberian Reinsurance Corporation (Transsib Re) with a stable outlook. “The ratings reflect Transsib Re’s position as a …
Zurich Financial Services Group has established a new business unit, named Central and Eastern Europe (CEE), effective January 1, 2007. Zurich said it took the move to “better capitalize on the growth opportunities in these markets. “The unit, headquartered in …
The two top officials of a Russian government health insurance fund have been arrested on suspicion of embezzlement and bribery, the daily newspaper Kommersant reported Friday. Russia’s chief prosecutor said earlier this week that persistent corruption has “permeated all levels” …
The National Weather Service lifted a tsunami advisory hours before powerful waves damaged docks and tore boats from their moorings in Northern California. Forecasters said they were wary of causing chaos along the coast. “The waves were just small enough …
As the Republican Neo-Con Light Brigade charged into the Democratic Valley of Death on Tuesday Nov. 7th, echoes of another far off war could be heard. It will be 88 years on Saturday that the guns finally fell silent, bringing …
