Japan Oil Buyers to Return to Private Insurance for Iran Imports January 17, 2014 By Osamu Tsukimori Japanese crude buyers are set to switch back to private insurance providers for transportation of Iranian oil, after relief from...
China, India, Brazil Join U.S. As Among Biggest Contributors to Global Warming January 17, 2014 By Alex Morales China, India and Brazil — three of the largest developing nations— joined the U.S. in a list of the biggest...
State Farm Canada Selling Insurance, Mutual Fund Businesses to Desjardins Group January 16, 2014 Desjardins Group, a leading cooperative financial group in Canada, has agreed to purchase State Farm Canada’s property/casualty and life insurance...
Cooper Gay Australia Creates Wholesale Division; Hyde Named Production Head January 16, 2014 Cooper Gay (Australia) Pte Ltd, a reinsurance intermediary, has launched a new wholesale division for the Australian insurance market. The...
Worsening Wealth Gap Is World’s Biggest Risk: World Economic Forum January 16, 2014 The chronic gap between the incomes of the richest and poorest citizens is seen as the risk that is most...
Europe to Relax Reinsurance Ban on Iranian Oil Exports Next Week January 16, 2014 By Alaric Nightingale and James G. Neuger Europe is days from suspending a ban on reinsuring tankers hauling Iranian oil, a measure that helped cut the nation’s...
Europe to Experience More Droughts Due to Climate Change January 15, 2014 By Rudy Ruitenberg Europe is poised to suffer more droughts as the 21st century progresses because of climate change, according to a study...
Best Affirms, Withdraws Arden Re’s Ratings after Operations’ Sales January 15, 2014 A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength rating of ‘A-‘ (Excellent)...
Chubb Europe Launches Updated ‘MasterPackage’ for Technology Companies January 15, 2014 Chubb Insurance Company of Europe SE announced the launch of the new edition of its MasterPackage for Technology Companies policy....
United Nations Explores Climate Change Solutions; Urges Carbon Dioxide Removal January 15, 2014 By Alister Doyle Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for...