For Allied World, Is No Deal a Better Deal? October 5, 2011 By Brenton Cordeiro Allied World Assurance Co. Holdings Ltd.’s withdrawal from a bidding race for Transatlantic Holdings may have cost it the chance...
Regulators Tell Oil Firms to Improve Safety October 5, 2011 By Gwladys Fouche Oil and gas companies must improve the way they deal with safety issues in the wake of the Gulf of...
RSA launches Global Specialty Lines October 4, 2011 RSA has combined its risk managed and specialist businesses across the globe to create the Global Specialty Lines (GSL) division....
Piracy Costs World Shipping Industry $9B a Year October 4, 2011 By Nirmala George Piracy is costing the global shipping trade more than $9 billion a year, according to Indian ship owners, who are...
Tokyo Electric May Need $112B: Panel October 4, 2011 By Taiga Uranaka A government panel reviewing Tokyo Electric Power Co.’s restructuring efforts said the troubled utility will need to raise as much...
Chartis CEO Says Europe Still Safe; Insurer Seeks ‘Value Over Volume’ October 3, 2011 By Ben Berkowitz AIG’s global property and casualty insurer Chartis continues to see opportunities in Europe despite the sovereign debt crisis, the chief...
Ratings Recap: Rembrandt, XL (notes) October 3, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and the issuer credit...
Record Numbers Attend FERMA Conference in Stockholm October 3, 2011 By Charles E. Boyle the bi-annual conference of the Federation of European Risk Management Associations (FERMA) got under way at 9:00 sharp in Stockholm’s...
Hurricane Ophelia Sweeps Past Bermuda, Heads North October 3, 2011 Hurricane Ophelia swirled to the east of Bermuda Saturday, whipping up showers, thunderstorms and surf on the British overseas territory...
Shell Singapore Refinery May Shut for a Month; Distillates Force Majeure September 30, 2011 By Francis Kan and Yaw Yan Chong Royal Dutch Shell’s Singapore refinery may remain shut for at least a month, industry sources said, and the company declared...