A major heat wave and drought has sent world grain prices sky rocketing for a second of three summers suggesting...
International & Reinsurance News
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Barbados-based...
World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the...
Insurers are set to pay up to £500 million [$782.3 million] or £17 million [$26.6 million] every day – to...
Russia’s upper house of parliament voted on Wednesday to ratify entry into the World Trade Organization, and now only the...
Lord Peter Levene, former chairman of Lloyd’s of London, has been appointed a director and vice chairman of the global...
UK-based RSA has issued a bulletin following “the wettest June on record in the UK.” RSA said it expects a...
A bulletin from the insurance think tank The Geneva Association notes that “leaders of the insurance industry have significant concerns...
Catastrophe risk modeling firm AIR Worldwide announced that China Property & Casualty Reinsurance Company Ltd. (CPCR) has licensed its typhoon,...
Somalia’s president has shielded a top pirate leader from arrest by issuing him a diplomatic passport, according to a United...