infrastructure News

California Drivers Lose $44B Over Worn-Out Roads Cost, Report Says

California’s worn-out, congested roads and bridges are costing drivers $44 billion a year, a report released today shows. Higher vehicle operating costs, congestion-related delays and traffic accidents cost $2,458 per driver in Los Angeles, according to the report released by …

GFIA Supports Business 20 Initiatives to Promote Economic Growth, Stability

The Global Federation of Insurance Associations (GFIA) has issued a bulletin noting the organizations support for the “recommendations made by the Business 20 (B20) group on how private sector activity and investment can help the Australian G20 Presidency meet the …

Swiss Re to Invest $500 Million in Europe Infrastructure Debt through Macquarie

Swiss Re announced that it will engage in long-term financing of infrastructure businesses and assets, and has committed an initial US$500 million for investments in senior secured debt of infrastructure businesses and assets located primarily in northern Europe. “Institutional investment …

Willis Germany to Present Photovoltaic Cover at Solar Energy Conference

Willis Germany, part of Willis Group Holdings, announced that it will be demonstrating the special features of “Willis Electronic Plus,” at the 27th European Photovoltaic Solar Energy Conference and Exhibition in Frankfurt on September 25-28. Willis described it as “an …

Aon Appoints Head Broker for Construction, Power, Infrastructure in Singapore

Aon Risk Solutions, the global risk management business of Aon Corp., has appointed Nicki Tilney as head broker of construction, power and infrastructure for Aon’s Global Broking Center (GBC) in Singapore, one of Aon’s hubs for insurance placement. She joins …