Norway News

Willis Names Fagerli to Head Norway Subsidiary

Willis Group Holdings announced that Nils Arne Fagerli has been appointed CEO of Willis Norway AS, effective immediately. He is based in Oslo and reports to Adam Garrard, CEO of Europe (Willis International). Fagerli joins Willis from GIEK Credit Insurance …

Melting Arctic May Redraw Global Geopolitical Map

This year’s frenzy of oil and gas exploration in newly accessible Arctic waters could be the harbinger of even starker changes to come. If, as many scientists predict, currently inaccessible sea lanes across the top of the world become navigable …

Europe’s PERILS Expands Coverage to Norway, Sweden

PERILS, the independent Zurich-based company that provides industry-wide catastrophe insurance data, announced that it has extended its market coverage to include Norway and Sweden. The two Nordic markets are in addition to the nine territories already covered by PERILS: Belgium, …

Aon Benfield Cat Report for November Highlights Cold and Floods

In its latest monthly assessment of the world’s catastrophes for November Aon Benfield highlights the first winter weather event of the season across Europe with “notable affects.” the report, published by the company’s Impact Forecasting team, who evaluate global natural …

India Expects to Break Rich/Poor Deadlock at Climate Talks

An Indian proposal could break a deadlock between rich and poor countries over how to share the burdens of tackling global warming, India’s environment minister said Thursday before heading to U.N. climate talks in Mexico. India’s environment minister Jairam Ramesh …

Feds Urges All States to Require Motorcycle Helmets

Federal safety officials are calling on states to require all motorcycle riders to wear helmets, citing a surge in fatalities since the late 1990s. Motorcycle deaths have increased over the last decade even as other traffic fatalities have declined, the …

U.S. Auto Fatalities Down But Safety Efforts Lag

The United States is lagging behind nearly every other high-income country in reducing annual traffic fatalities, said a report released this week by a U.S. government research panel. There’s some good news: U.S. traffic fatalities fell 9.7 percent in 2009 …

North Atlantic Oscillation Condition May Affect Europe’s Winter Weather

Weather and renewable energy supplies across much of Western Europe could be hit this winter by the North Atlantic Oscillation (NAO), a phenomenon that can exert a powerful influence over temperature and rainfall. Meteorologists say a negative NAO usually points …

ICC Survey Concludes Economy is Rebounding ‘at a Slower Pace’

The world economy continued its rebound from the worst recession in decades, according to the quarterly ICC/Ifo World Economic Survey released today, but at a slower pace. The survey concluded that “some regions, notably North America and Asia, saw slowing …

Rough Road for Trucking in the New Economy

Rising Taxes, Inflation Will Force Insurance Market to a ‘Déjà vu All Over Again’ The insurance industry has a long history for cyclical price adjusting, featuring long periods of marginal to inadequate premiums followed by relatively brief, startling and disruptive …