A cargo ship contracted by the U.S. military fired on an Iranian vessel in Gulf waters on Friday, raising tension between Washington and Tehran in a region vital to world oil shipments. In January, the United States said Iranian boats …
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 …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Bermuda’s International General Insurance Company Limited (IGI). Best has also assigned an issuer credit rating (ICR) of “bbb-” to Dubai-based …
Marsh announced from its London office that David Batchelor will succeed Alex Moczarski as CEO of Marsh’s operations in Europe, the Middle East and Africa (EMEA). He currently heads the Asia Pacific region for Marsh, responsible for operations in China, …
Standard & Poor’s Ratings Services gave the American International Group a vote of confidence as it affirmed AIG’s ‘AA’ long-term counterparty rating and its ‘AA+’ counterparty credit and financial strength ratings on AIG’s core operating subsidiaries. S&P also raised its …
G.J. Sullivan has appointed Terrence Dwyer branch manager of the company’s new Northern California branch office located in Oakland. Dwyer has more than 20 years experience managing wholesale brokerage and managing general agent operations in Northern California such as Stewart …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of Ariel Reinsurance Company Ltd. Best also affirmed the ICR of “bbb-” of Ariel Holdings, Ltd., removed the ratings …
No European city has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 million residents have experienced an unprecedented building boom, as the German government and city …
The ‘rest of the world’ offers new opportunities for growth, but not without risk No European City has recently changed as much as Berlin (with the possible exception of Dublin). Since the fall of the wall in 1989, its 3.4 …
A passenger plane crashed while attempting to land at southern Thailand’s Phuket airport Sunday afternoon, possibly leaving some people dead and about 20 hurt, an official said. An unconfirmed television report said 60 were dead. [IJ Ed. Note: Later reports …
