Halliburton Agrees to $1.1 Billion Gulf Oil Claims Settlement September 2, 2014 By David Wethe, Laurel Calkins and Margaret Cronin Fisk Halliburton Co. agreed to pay $1.1 billion to settle a majority of lawsuits brought over its role in the largest...
No ‘Significant’ Cyber Attacks on Banks, Says Bank Group September 2, 2014 By Jim Fink An influential U.S. financial services industry group that shares information about cyber threats has said it is unaware of any...
Iceland Volcanic Eruption Still Pouring Out Lava, but No Ash Cloud September 2, 2014 A fissure eruption near Iceland’s Bardarbunga volcano was still spouting lava on Monday but no ash, a day after an...
Argo Group Hires Ribeiro as Head of International Businesses September 2, 2014 The Bermuda-based Argo Group International Holdings announced that Jose Ribeiro has been hired to the newly created position of head...
CGSC Launches Marine Specialists Latitude in Hong Kong September 2, 2014 Latitude Brokers Ltd., previously the Marine Division of Cooper Gay Asia, has been launched as a separate entity. The change...
CGSC CEO Esser Targets Acquisitions, Cost Reductions to Reestablish Growth September 2, 2014 Cooper Gay Swett & Crawford (CGSC), the global reinsurance, wholesale and specialty broker, has announced plans to streamline costs and...
S&P Lowers Cooper Gay Swett & Crawford Ratings to ‘B-‘; Outlook Stable September 2, 2014 Standard & Poor’s Ratings Services has lowered its long-term corporate credit rating on London-based global wholesale and reinsurance broker, Cooper...
Tantrums, Concubines, Hotpot Burns, Smog: China Insurers Have it Covered September 2, 2014 By Clare Baldwin and Diana Chan Your child throws a tantrum and smashes something? Take out “naughty child insurance”. Similarly, buy cover against your bride becoming...
EU Insurers Say New Rules Hurt $11.2 Trillion Investment Role September 2, 2014 By Oliver Suess Insurers in Europe, which manage about €8.5 trillion ($11.2 trillion) of client money, say their role as long-term investors may...
South Carolina Ex-Lawmaker Viers Pleads Not Guilty in Contractor Insurance Case September 2, 2014 By Jeffrey Collins A lawyer for a former South Carolina House member said he may not have realized what he was doing was...