Marsh Cites ‘Lessons Learned’ from Bangladesh Factory Collapse June 25, 2013 A report from Marsh on the recent Rana Plaza factory collapse in Bangladesh that killed more than 1,100 people cites...
Alberta Promises US$956 Million in Flood Funding; Won’t Balance Budget June 25, 2013 Alberta Premier Alison Redford on Monday promised C$1 billion (US$956 million) in initial funding to help pay for damage caused...
UK’s Miller Appoints Weaver as Head of Asia June 24, 2013 Miller Insurance Services LLP, the UK-based specialist insurance and reinsurance broker, has appointed Simon Weaver as Head of Asia as...
Geneva Association Ocean Warming Report Reviews Implications for Re/Insurers June 24, 2013 “In some high-risk areas, ocean warming and climate change threaten the insurability of catastrophe risk,” according to one of the...
Calgary Flood Caused Power Outages May Last Months; Insurance Coverage Minimal June 24, 2013 By Nia Williams Power outages in the Canadian oil capital of Calgary could last for weeks or even months, city authorities said on...
Swiss Re to Trim Costs and Buy Credit to Lift Profitability June 24, 2013 By Carolyn Bandel Swiss Re Ltd., the world’s second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost...
CEOs Urge Russia President to Seek More Open Trade Ahead of G20 Summit June 21, 2013 CEOs from the G20 Advisory Group of the International Chamber of Commerce (ICC) met in Saint Petersburg with more than...
The Many Faces of Terrorism; an Expert’s Analysis from Aon Benfield June 21, 2013 By Charles E. Boyle “The recent attacks in London, Paris and the Boston marathon bombing are evidence that terrorists are resorting to simpler tactics,”...
India Searches for Flood Survivors as Death Toll May Rise June 21, 2013 By Bibhudatta Pradhan, Andrew MacAskill and Santosh Kumar Flash floods triggered by torrential rain in northern India may have killed hundreds of people, a government official said, as...
Tropical Storm Barry Lands on Mexico Gulf Coast; Pemex Refinery Unaffected June 20, 2013 Tropical Storm Barry made landfall north of Mexico’s major Gulf Coast port of Veracruz on Thursday morning and was heading...