Lawmakers Urge U.S. Caution on Japan Trade Talks November 9, 2011 By Doug Palmer Four senior U.S. lawmakers Tuesday urged President Barack Obama’s administration not to make a hasty decision to begin free trade...
Swiss Re Places $130 Million Cat Bond for Hurricanes, European Wind November 9, 2011 Swiss Re has obtained a further $130 million in protection through the Successor X Ltd. catastrophe bond program, which covers...
Justice Department to Clarify Guidelines for Bribery Probes November 9, 2011 A top Justice Department official said Tuesday the agency will clarify next year what triggers anti-corruption probes into U.S. corporations....
Best Affirms Torus Insurance Holdings and Operating Subs Ratings November 9, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit...
Validus’ Increased Offer for Transatlantic Presented Directly to Shareholders November 9, 2011 The ongoing battle between Validus Holdings and Transatlantic is heating up again, as Validus announced a series of moves aimed...
Wells Fargo Insurance Introduces Affordable Housing Insurance Program November 9, 2011 Wells Fargo Insurance Services USA Inc. and the National Affordable Housing Management Association (NAHMA) have launched a Multifamily Affordable Housing...
IMF Head Warns World Economy Risks a ‘Lost Decade’ November 9, 2011 By Kevin Yao and Zhou Xin The head of the International Monetary Fund warned on Wednesday that Europe’s debt crisis risked plunging the global economy into...
EU Finance Ministers Reaffirm Climate Funding for Developing Countries November 9, 2011 EU finance ministers on Tuesday signed off on more than €4 billion ($5.5 billion) in short-term funding to help developing...
Markel Posts $54.7M Q3 Income, Sees Firming in Workers’ Comp Market November 8, 2011 Markel Corporation reported $54.7 million for its third-quarter net income, down 13.4 percent from one year ago when the specialty...
Alleghany Posts $19.2M Q3 Profit, Down 48% From Last Year November 8, 2011 Alleghany Corp. reported $19.2 million in third-quarter net earnings, down 48 percent from one year ago when the company had...