Croatia News

Declarations

Rebuilding Remotely “People criticize me for being on vacation. I actually started work a week before I was actually supposed to. I do have conference calls every day, I have all my information sent here. I can work here as …

Blunt-Talking AIG CEO Benmosche’s True Passion Is Wine

AIG’s new CEO, Robert Benmosche, has sparked just about as many headlines as one executive can in the past few weeks — and all while on holiday at his villa in Croatia looking over the Adriatic. He has been unusually …

New AIG CEO Benmosche Reaches Out to Ex-CEO Greenberg

AIG to Hank: All is forgiven, we need your help! That is the message from Robert Benmosche, the new CEO of American International Group Inc., to Maurice “Hank” Greenberg — the man who built the company into what was the …

Reuters: Interview with New AIG CEO Benmosche in Croatia

Wearing flip-flops, khaki shorts and a green polo shirt, the new chief executive of bailed-out insurer American International Group Inc. says he’s getting a lot of work done from his massive villa overlooking the Adriatic. “People criticize me for being …

New CEO Says AIG to Repay U.S. Taxpayers, Boost Shareholder Value

Robert Benmosche, the newly appointed chief executive officer of American International Group Inc., says he expects the bailed-out insurer to be able to repay its federal debts and to boost value for shareholders, according to a report by Bloomberg News. …

Somali Pirates Take Another Ship

Somali pirates have hijacked a Yemeni cargo ship in the Gulf of Aden, a regional maritime group said on Tuesday, a day after sources said the gang holding a Saudi Arabian supertanker were demanding a $15 million ransom. Andrew Mwangura, …

Report Somali Pirates Reduce Ransom Demand to $15 Million

Somali pirates holding a Saudi supertanker after the largest hijacking in maritime history have reduced their ransom demand to $15 million, an Islamist leader and regional maritime group both said on Monday. The Nov. 15 capture of the Sirius Star …

Somali Pirates Hijack Saudi Supertanker off East Africa

Somali pirates have captured a fully laden Saudi supertanker far off east Africa, seizing the biggest vessel ever hijacked with a cargo of oil worth over $100 million in an attack that pushed world crude prices higher. The U.S. Fifth …

Exporting Exposures

As an important link in the global supply chain, exporters face many exposures Small and midsize U.S. companies are sharply increasing their exports, encouraged by falling trade barriers, a weakening dollar that makes their goods and services more affordable to …

Roberts to Lead Marsh’s London Strategic Risk Practice

Marsh announced the appointment of Stephen Roberts as Leader of its London-based Strategic Risk Practice. He will report to Eddie McLaughlin, Head of Marsh’s Business Risk Consulting Group. Marsh said its “Strategic Risk Practice identifies and analyses risks relating to …