Ironshore Inc. has promoted Steven Horton vice president, Financial Lines Manager, within Iron-Starr Excess Agency Ltd., based in Bermuda. Horton joined Ironshore’s Pembroke Syndicate in London in 2008, where he served as a financial institutions underwriter. He joined Iron-Starr in …
The El Nino weather pattern that can bring drought to Australia and rain to South America was “unusually active” at the end of the 20th century, possibly due to climate change, a University of Hawaii study found. Researchers studied 2,222 …
London-based specialty insurer Markel International Limited has appointed Mike Richardson as European retail claims manager. Previously claims manager for Markel International’s UK retail division, a position he held for 10 years, his promotion will now see him responsible for all …
Scientists have found a way to forecast El Nino weather events in the Pacific a year in advance, long enough to let farmers plant crops less vulnerable to global shifts in rainfall, a study showed on Monday. While far from …
Japan’s Fukushima Dai-Ichi nuclear plant, whose 2011 meltdowns dislocated 160,000 people, may provide a new blueprint for terrorists seeking to inflict mass disruption, security analysts said at a United Nations meeting. The UN’s International Atomic Energy Agency convened a week-long …
Steadfast Group Ltd., Australia’s largest network of insurance brokers, plans to raise as much as A$562.8 million ($515 million) in the country’s biggest initial public offering since 2010. The Sydney-based company plans to sell as many as 469 million shares …
China is expanding a pilot system that tracks the movement of meat and vegetables to the supermarket shelf as part of efforts to tighten supervision of its scandal-plagued food industry. Under the programme, which is voluntary, city governments are monitoring …
Tokyo Electric Power Co. shareholders rejected a proposal to look into pursuing claims for compensation against companies that supplied parts for the crippled Fukushima nuclear plant, including General Electric Co. Shareholders at Thursday’s annual general meeting for the company known …
President Barack Obama on Thursday cut off longtime U.S. trade benefits for Bangladesh in a mostly symbolic response to dangerous conditions in that country’s garment industry that have cost more than 1,200 lives in the past year. “I have determined …
Damage to farmland in southern Alberta is not “widespread” after the region’s worst floods on record, according to Katrina Bluetchen, a spokeswoman for the provincial agriculture ministry. Reports collected by the ministry suggest most of the flooding in agricultural areas …
