A Russian passenger jet crashed during a thunderstorm just minutes after sending a distress signal on Tuesday, killing all 170 people on board, including dozens of children. Emergency officials said preliminary information led them to believe that weather — not …
It’s not just the Italian Football (soccer) team that’s in an expansive mood. Italy’s Generali Group announced that it has signed an agreement for the acquisition of a 51 percent shareholding in Bulgarian insurer Orel-G Holding AD. The shares will …
Denmark’s Eksport Kredit Fonden (EKF) and Bermuda-based Sovereign Risk Insurance Ltd. have completed a political risk insurance contract supporting DKK100 million ($17.1 million) of exports to Ukraine. “The transaction involves export of equipment for processing edible fats and oil to …
Euler Hermes ACI, a provider of trade credit insurance and risk mitigation information, has released a special global risk analysis report from its U.S. headquarters in Maryland. The company, a subsidiary of French insurer AGF, which is in turn part …
American International Group Inc. announced that its wholly owned subsidiary, Paris-based AIG Europe, S.A., has received approval from the Insurance State Supervision Service of Georgia for the establishment of a branch in Tbilisi, Georgia. “The AIG Companies are well established …
Information about the insurance industry and insurance regulation in the state were shared by the North Carolina Insurance Commission in Raleigh as it welcomed 19 hospital administrators and head physicians from Armenia, Azerbijian, Georgia, Moldovia and the Ukraine. The group …
The North Carolina Insurance Commission shared information about the insurance industry and insurance regulation last week in Raleigh as it welcomed 19 hospital administrators and head physicians from Armenia, Azerbijian, Georgia, Moldovia and the Ukraine. The group came to Raleigh …
“Dirty bomb” was the phrase of the day at the All Industry Day held Nov. 25 in Dallas—perhaps not so surprising, given the fact the conference was titled, “Confronting Terrorism, Not If But When.” The “I” Day, jointly sponsored by …
Standard & Poor’s Ratings Services announced that it has revised its outlook on Ukraine to positive from stable, and has affirmed the ‘B’ long-term and ‘B’ short-term ratings on the country. “The outlook revision reflects reduced debt-servicing pressures and a …
American Life Insurance Company (ALICO), a subsidiary of American International Group, has received a license from the Ministry of Finance to operate a wholly owned life insurance company in Ukraine. The operation will be based in the capital, Kiev, and …
