International News

ACE USA Enhances International Casualty Coverage

ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based multinational organizations with complex exposures in targeted industries, including construction, energy, …

Dann Joins Miller Insurance Services

Miller Insurance Services LLP, a specialist insurance and reinsurance broker, operating internationally and at Lloyd’s,  has hired Warren Dann to develop Miller’s sector targeting strategy. He will work to grow the company’s portfolio of FTSE100/250 and top 500 UK private …

180 Countries Agree on New Climate Treaty Agenda

More than 180 countries agreed on an agenda for work on a new climate treaty by 2015 at United Nations climate talks on Friday, breaking a week-long deadlock over procedure. “(The work plan) was not an easy issue to agree …

Hurricane Bud Moving to Mexico’s Coast

A tropical storm warning has been issued for the west coast of Mexico as Hurricane Bud gains strength in the Pacific. The warning was in effect early Thursday for Mexico’s Pacific coast from Punto Telmo to Cabo Corrientes. A hurricane …

Why ‘Project Bonds’ Are a Good Idea: Wynn

European Union backing for extra infrastructure finance may sound like a deliberate distraction from deadlock over much bigger euro bonds, but in fact it is a great idea – the trouble is the tiny sums involved and lack of detail. …

CPCU Society Forms India Chapter

The CPCU Society has  approved the formation of an India CPCU Society Chapter. The India CPCU Society Chapter is the fifth international CPCU Society Chapter in addition to Bermuda, Europe, Japan and South Korea. The CPCU Society now has two …

More Top Executives Say Bribes for Business Acceptable

A growing number of senior executives around the world are willing to pay bribes to win or keep business, as the hunt for growth supersedes concerns over ethics and regulatory fines, according to a survey published on Wednesday. Ernst & …

AIA Calls for More International Market Access for U.S. Insurers

The American Insurance Association has issued a statement, which points out several instances of a “disconnect between the continued significant global insurance capacity and a strong demand for insurance products that is often created by protectionist barriers in emerging markets.” …

Xchanging Expands to U.S. Market

London-based  Xchanging, a business process outsourcing company, has plans to expand its insurance offering to the North American market. The expansion will be led by Domenick DiCicco who was appointed as head of Xchanging’s North American operations in January. As …

Tropical Depression Alberto is Atlantic’s First Named Storm

It may not be much of a storm compared to what may follow, but Alberto, which formed off the coast of North Carolina, has become the first named storm of the 2012 Atlantic hurricane season. However, Alberto poses no threat to …

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